❌ What Are Failed/Rejected Orders?
Failed or rejected orders occur when a broker doesn’t accept a trade due to exceeding risk settings set by your prop firm or broker. This could happen if you surpass limits like Max Open Quantity or Max Open Positions.
🚨 Common Causes:
Exceeding Max Open Quantity: Trying to hold more contracts than allowed.
Exceeding Max Open Positions: Opening more positions than the prop firm permits.
Other Risk Parameters: Prop firms may have rules like position size or leverage limits.
🛠️ How to Avoid Failed Orders:
Check Prop Firm Risk Settings: Always review your evaluation rules to understand your limits.
Monitor Account Limits: Be mindful of your Max Open Quantity and Max Open Positions for each account.
Stay Within Limits: Regularly check and ensure you stay within the allowed parameters.
🔍 Why This Happens:
Tradesyncer copies the trade, but brokers reject orders if they exceed risk settings. Unfortunately, we cannot prevent this. Understanding your account's risk settings is key!
💡 Conclusion:
Stay informed about your prop firm’s rules and limits to avoid failed orders. Keep a close eye on your trades to ensure smooth execution and avoid exceeding your account’s parameters.