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Trading Software Development hello@howutrade.in
Aug 22, 2022 6 tweets 2 min read
MARKET & SL-M order types are ticking bomb with unknown time but definitely will explode one day and take your breadth

Never use MARKET & SL-M, always use LIMIT/SL with buffer. Even for the most liquid instruments, a momentary imbalance in the order book may explode MARKET order Image Always place orders as below for both entry and exit.

For BUY, BestBid + Buffer
For SELL, BestAsk - Buffer

*Don't refer LTP
*Buffer as required
Jun 26, 2022 11 tweets 2 min read
A Software Library is a collection of reusable functions. Other programs can simply load the library and call the required function. It is up to the end user which functions to call, when and where in the program Normally the library author will provide a detailed documentation on list of classes and functions available in the library, and their example usage. Without proper documentation, it is difficult for developers to make use of the software library
May 23, 2022 19 tweets 3 min read
Running an un-attended automated trading system in window servers is a difficult task for most users.

Most of the default settings result in automation failure.

Here are a few system settings to run your automated trading systems seamlessly in windows servers. 1. Set system time zone to IST and enable 'Automatic synchronize with time servers' (like pool.ntp.org). If the time is not up to date and there's a significant delay, this may result in failure of TOTP key and any time based conditions in your trading logic.
Mar 4, 2022 6 tweets 1 min read
There are so many misconception regarding API, and the one that top the list is 'SLIPPAGE'.
API has nothing to do with slippage, API just enables you to programmatically place order with low latency.
Slippage comes into play once your order reaches the exchange. Slippage is a very dynamic factor, and the market is unique in every microsecond. You might got no slippage in the previous microsecond and got heavy slippage in the next microsecond.
Dec 9, 2021 13 tweets 9 min read
SEBI's consultation paper on Algo Trading by retailers is out sebi.gov.in/reports-and-st…
#SEBI Here is our take on this.

Opinion:
1. The algo's running within broker infra in co-location is entirely different from algo's run by retailers through broker API from their PC.
Aug 21, 2021 10 tweets 2 min read
A thread on recent spike in one of the NIFTY option strike.
We received multiple enquires about the spike and how to mitigate? (1/n) We can't avoid completely but we can contain it to some extent. Your fill price depends on your order priority and the size of your precedent orders. (2/n)