How about a category that's just related to Automated (Fidelity I assume) trading problems and solutions?
Size:
Color:
I would be interested to know how well it works, although I have not done enough recent trades as of yet to qualify for it.
One issue I had when doing lots of short-term intraday manual trades with Fidelity was that Fidelity's systems do not prevent executing trades that exceed intraday buying power, which can result in margin calls. I understand that other brokers have systems that will block such trades, but for some reason Fidelity doesn't, or at least they didn't in 2007.
I wonder whether WL automated trading can be set up to avoid this issue.
A big issue in automated trading is what happens when connectivity is lost or there is some sort of system problem; I would be interested to know how WL and Fidelity handle that.
I wonder how many people are actually doing automated trading with WL Pro.
Size:
Color:
CODE:
Please log in to see this code.
Strategy can't access the required information (fills, account data, etc.) to make that happen.
CODE:
Please log in to see this code.
If you lose connectivity, orders that are open stay open until executed or until the close. This is why you should be
monitoring automated trading with a phone nearby.
Size:
Color:
jsmith, I do about 20-30 trades (round turns) a day; WL is brilliant and the Fidelity platform
is pretty robust. But there are some quirks.
If you are interested I would be glad to share my experience :
CODE:
Please log in to see this code.
Size:
Color:
Topcat, thanks for the offer. At this point it does not look like I will be doing automated trading with WL in the near-term, but if this changes, I may contact you.
Size:
Color: