Automated trading fails fast: a bug can place hundreds of orders before a human notices. This guide covers the monitoring and stopping mechanisms we run for every bot: heartbeats, position and loss limits, cancel-all on disconnect, a tested kill switch, and runbooks for the first five minutes.
Part 3 of the security fundamentals series. Threat, vulnerability, exploit, impact and risk defined with one running example, why a CVSS score is not your risk, and a small risk register you can start this week.
A protective stop on a perpetual futures position did not trigger during a sharp wick that clearly crossed the stop on the last-price chart. The order was set to trigger on mark price, which moved much less. We now choose the trigger price type explicitly per order and test both behaviours.