What is this guy talking about? AMP

Discussion in 'Retail Brokers' started by hilmy83, May 25, 2022.

  1. hilmy83

    hilmy83

    like i said i'm putting this on so i can get traders' insight to see if they had this issue before.
     
    #11     May 25, 2022
  2. smallfil

    smallfil

    FOK is a waste of time. Are you trying to fill your orders or just playing? You are lucky they have not suspended your account yet. Maybe, that is next. Then, you cannot trade at all.
     
    #12     May 25, 2022
    CALLumbus likes this.
  3. hilmy83

    hilmy83

    they really don't like that FOK....

    whatever. i'll change it to DAY.

    But for them to make statement that I put on hundreds of orders and cancelling is spoof accusation and I asked for proof. Maybe NFA or CFTC can look into it if they are being truthful
     
    #13     May 25, 2022
  4. hilmy83

    hilmy83

    #14     May 25, 2022
  5. hilmy83

    hilmy83

    apparently i did. i'm like how the hell this happened. i use mt5 to just manage my orders automatically. 3953 is the price it showed i had all these orders and cancelled. not even the price i looked at. I actually sold at 3942.25 (stop and reverse).

    Turns out i probably had the program to anticipate price reversal lol..fuck me

    lesson. check your program for this shit...

    3.jpg

    2.jpg
     
    #15     May 25, 2022
    VPhantom and Nobert like this.
  6. wmwmw

    wmwmw

    So it is not hundreds but + 83 orders.That is not something exchange can tolerate.
    Note that it is exchange who will kick you out, not AMP.
     
    #16     May 25, 2022
    VPhantom likes this.
  7. MrMuppet

    MrMuppet

    This is not a spoofing issue but you're spamming the exchange with orders that are not executed. The CME has a messaging control system that fires in that case.

    E.g. someone could just DDoS the exchange that way, slowing it down and arb the slower quotes against another exchange. This has been done and it will be prosecuted as market manipulation. Please inform yourself before you trade with an algorithm. This has nothing to do with tinfoil hat conspiracy BS. You aren't playing by the rules (that you don't even know are in place) so that's why they slapped you on the wrist.

    https://www.cmegroup.com/confluence/display/EPICSANDBOX/Messaging+Controls
     
    #17     May 25, 2022
  8. hilmy83

    hilmy83

    it was actually 1000 orders
     
    #18     May 25, 2022
  9. hilmy83

    hilmy83

    it was an error in programming. basically i have a limit order set up at the same time sell stop and reverse order is being placed. and apparently, my limit kept getting refused and it just get stuck in a cycle until my trade closed. need to look at the code.
     
    #19     May 25, 2022
  10. hilmy83

    hilmy83

    but FOK shouldn't even be a reason. I'm surprised they even mention it
     
    #20     May 25, 2022