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> And avoid some code bug causing them to lose all their money

Well, everything has a non 0 chance but you can code certain conditions that have to be met before an order goes through.

IMO, you would have to have significant capital to even end up in a situation where a bug causes lots of loss.

Here is an example of something you might be thinking of.

https://www.henricodolfing.com/2019/06/project-failure-case-...

> Not get lose all their money to some company's API fees

It's not too bad these days. A lot of brokers offer "zero-fees" which really just means you only have to pay the SEC ones which aren't too bad.



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