DANGER! Heads up if your purchasing power (amount of money in your live account) drops too low
And an algo entry triggers and gets rejected, then you need to IMMEDIATELY:
- Find that chart and toggle status and click "Do Not Exit This Position"
If you dont, the algo is still on full auto with account confirmation off.
It will STILL TRY TO EXIT. Even if it didn't get filled on the entry
Which means you'll be trading random positions without edge.
This is very dangerous.
Here's 4 solutions:
1) Add more capital to the account (best option!)
2) Go to micros (deleveraging is 2nd best option. But more slippage)
3) Turn on account confirmation by unchecking the bottom check box in F2 (you manually approved all orders)
4) Turn off some algos (still might result in order rejections if you don't have sufficient purchasing power)