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by zeeshanm 4021 days ago
Here are some ideas:

- throttle your orders to the market

- set a threshold for market risk you can take per symbol, per sector, etc.

- take into consideration average daily volume of a symbol for calculating market risk threshold

- implement controls to send cancels for unfilled orders in the event if algo goes haywire

- reject orders priced at some percentage less or more than current market price per share