Great idea, app just isn’t there yet – Cornix Review

There are some cool features like trailing entry and exit, but the app has dire API issues that are a death trap waiting to happen. You know your rope is frayed and tends to break, don’t scale the mountain with it. You go on vacation and come back to Champaign-toasting friends in your chat group about the amazing results, but you got liquidated by a market wick. How? Any time there is a little market turbulence (very frequent) or network latency, the API loses track of what you’ve got on the exchange. The app notifies you that you took profit 2 and moved your SL to TP1, then closed at trailing stoploss/TP1. But you look on the exchange (and you better watch it like a hawk if you use Cornix) you find that somehow the exchange didn’t get the close memo and you’ve been liquidated. None of your junk bids that would’ve filled and made you rich were seen by the exchange. You’ve taken 100% of the risk, swallowed it, and reaped none of the reward. When trading with Cornix, please multiply your risk by 5x when calculating Risk:Reward. Until Cornix can figure out how to get their API to properly function with the exchange during latency, you’re taking an incredible risk. Again, my dire warning to you: DO NOT USE CORNIX UNATTENDED - WATCH EVERY TRANSACTION AND MANUALLY SET YOUR SL IN THE EXCHANGE, ALWAYS
Review by Justinr9999 on Cornix.