Cbot Down!!!
- Thread starter chewbacca
- Start date
chew, we don't need a freakin thread on it. the cbot is back up now .. 
Hum not only did this screw up my charts intraday. It looks like the daily chart is screwed up as well. At least mine is, looks like yesterday bar is gone, and I use CQG.
The daily chart is fine, my mistake.
LT,
Not meaning to add salt to the wound, but did you ever find out where your stop was sitting? Only GTC orders, according to the CBOT PR would have been executed when it came back up. All day orders were cancelled. So, was the order GTC sitting at the exchange, or was it sitting on your brokers (IB) servers? I think it's a very important question.
Good trading to you
Osorico
BTW; to anyone using a platform that holds stops on YOUR local computer, this is exactly what would happen if YOUR computer goes down, and subsequently comes back up. Something to be aware of, regardless of exchange, or exchange going down.
Not to add insult to injury, but how does it make you feel to watch the price trade back up to just about were it was before the outage.
It would feel better if price was much lower from were your stop was executed.
I know the market always trys and make you feel like a fool. I know from experience.
It would feel better if price was much lower from were your stop was executed.
I know the market always trys and make you feel like a fool. I know from experience.
<i>"over the last year when I have been looking at the YM, it's been down like 3 times
I've never had such issues with other markets..."</i>
Back in Jan 2004 I was running money in 30yr bonds. Had +/- 40 contracts on along with my own. Had a short trade working +'8 ticks in favor with stop at -'8 ticks to protect, or 16' tick spread heading into jobless claims, not even employment situation drivel.
Half the CBOT trunks went down in the volume surge, half didn't. My stop order was not routed thru the system, as stops weren't (aren't?) resident on the exchange. Trade was filled in the pit at -'40 ticks from entry, or -'32 ticks worse than stop-loss order staged to protect.
Incidentally, that was nearly highs for the day before it relaxed lower -'16 or so.
*
I quit trading CBOT products and immediately switched to GBPUSD, then ER2 a few months later. The CBOT has dropped at least six times since, if not more.
It always offers easy pickin's for the CME traders as they press the trapped YM players for a painful squeeze. Today was no different with the late morning drop.
I've never had such issues with other markets..."</i>
Back in Jan 2004 I was running money in 30yr bonds. Had +/- 40 contracts on along with my own. Had a short trade working +'8 ticks in favor with stop at -'8 ticks to protect, or 16' tick spread heading into jobless claims, not even employment situation drivel.
Half the CBOT trunks went down in the volume surge, half didn't. My stop order was not routed thru the system, as stops weren't (aren't?) resident on the exchange. Trade was filled in the pit at -'40 ticks from entry, or -'32 ticks worse than stop-loss order staged to protect.
Incidentally, that was nearly highs for the day before it relaxed lower -'16 or so.
*
I quit trading CBOT products and immediately switched to GBPUSD, then ER2 a few months later. The CBOT has dropped at least six times since, if not more.
It always offers easy pickin's for the CME traders as they press the trapped YM players for a painful squeeze. Today was no different with the late morning drop.