Horror story from the other day

Forums ProRealTime English forum ProOrder support Horror story from the other day

Viewing 3 posts - 1 through 3 (of 3 total)
  • #103407

    So i got an email saying 2 systems had stopped, the buy orders had been rejected. I tried to buy manually and it said “Buy complete” (or whatever similar it says) on the platform. I couldnt buy via PRT. (even manually)

    I could not find the open positions i bought, my margin did not increase, there where no pending  orders. It was as if i never bought anything. So i tried to buy again. multiple times this happened. Nothing seemingly went thru.. I saw no open positions (other than the ones that was opened the day(s) before) and no pending orders, no nothing.

    I contacted IG via live chat and they confirmed that there was issues, amongst other things the minimum stop loss on DAX went form like 12 pips to 100 But the issues should be fixed within minutes. which is likely the problem that stopped my systems.

    So thinking i could not trade in any way i thought fuck it, im on vacay in Vietnam. I close my computer.

    Couple of hours later i check IG on my phone and suddenly i had used almost all my capital and all my previous purchases had suddenly gone thru! I had to cancel multiple of them with losses because i was about to be margin called as fuck. So i closed 9/10 and left 1 open, trying to mimic the system that had tried to buy earlier.

    1 hour later i check IG on my phone again and the apparently REST OF THE PURCHASES HAD GONE THRU (that i tried to do many hours before)! Again i had to cancel multiple contracts that had been bought because almost all of my capital was being used for margin.

    Now let me also say that i have a screenshot for when PRT issues was fixed, seeing all of those orders that has been REJECTED (the manually purchases). Those should not in any way have been auto-bought at a later time. There was no way for me to cancel them as i didnt see them in pending orders or open positions, when i tried to buy them.

     

    I have contacted IG and im waiting for their reply. I can understand technical issues CAN happen, but orders that have been rejected should NOT suddenly “go thru” hours laters. That seems fucking crazy… this could have been a disaster.

    #103424

    A similar thing happened to me yesterday too. One of my auto systems tried to trade at 3.15am while I slept, but had 5 rejected orders. The system was stopped (I got an email saying so).

    Then, about an hour later 5 positions were opened automatically WITH NO STOPS OR LIMITS! Note, the system only wanted to open 1 position.

    I caught up with all this when I got up at 7am.  Luckily, the 5 rogue trades were in profit, so I just closed them manually.

    Very scary. Might need to change my start times so nothing happens while I’m asleep.

     

     

     

    #103428

    Beggars belief!

    I’m stunned, all these weird happenings we get told … ‘only on Demo etc, Live is fine’ … now it’s showing that Live can get screwed also! 🙁

    Sorry for your stressful time guys … I hope IG reimburse any losses not your doing / fault.

Viewing 3 posts - 1 through 3 (of 3 total)

Create your free account now and post your request to benefit from the help of the community
Register or Login