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Slipstream Trader: Mar 12 5AM ET Stop-Loss Failure Forensics
Mar 12, 5:00-6:00 AM ET — SL Failure Forensics
Summary
ETH DOWN (SL 887): Entry 88¢, SL triggered at 50.1¢. GTC sell placed → cancelled after 14s. FAK fallback floor (48¢) was above market (~35¢) → all attempts missed. 29.35 shares never sold. Total loss ~$25.83.
BTC DOWN (SL 888): Entry 82¢, SL triggered at 52¢. GTC sell placed → filled on Polymarket at 60¢ ($18.26) but trader saw gtc_terminal_status:canceled. FAK fallback: "not enough balance/allowance" (shares already sold). Loss ~$6.95.
Key Findings
BTC GTC sell DID fill on-chain but trader status check returned "canceled" → infinite retry loop on already-sold position
ETH FAK floor too high — market crashed from 84.5¢ to ~35¢ by the time FAKs ran, but the 48¢ floor prevented all sell attempts from matching. NOT an empty orderbook — the floor was the problem.
Both SLs stuck in retry loops (50+ attempts each) burning cycles on dead/sold positions
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