I attempted to make a simple market ‘buy’ order at 3:50 EST. I saw that the order was ‘Accepted’ for awhile, then moved to the ‘Rejected’ state. Does anyone know what might cause that to happen? The total price of the order was estimated to be roughly $5 less than the Equity that would be left in my account after order completion, so maybe that would cause it (since possibly the market price for all the shares I was attempting to buy was higher than my account equity)? I’m pretty new to using alpaca, so i’m not sure what would cause this state to occur.
Paper or Live Tradng?
If it’s any help, here’s an approximation of what the order looks like (with a fake quantity).
symbol = ‘FTI’,
qty = 200,