diff --git a/live/deploy/status.sh b/live/deploy/status.sh
index 17e2a7b..a75f74e 100755
--- a/live/deploy/status.sh
+++ b/live/deploy/status.sh
@@ -67,6 +67,19 @@ fi
 hr "最近成交"
 if [[ -s "$STATE/live_trades.jsonl" ]]; then
     tail -5 "$STATE/live_trades.jsonl" | sed 's/^/  /'
+    # 「下过单但一次都没建上」是明确的故障，而它的外在表现和"没信号"一样，
+    # 不主动判读就会白跑几小时。首日就是这么丢掉 4 个信号的
+    nf="$(grep -c '"ev": "entry_fail"' "$STATE/live_trades.jsonl" || true)"
+    nb="$(grep -c '"ev": "opened", "key": [^]]*\[{' "$STATE/live_trades.jsonl" || true)"
+    ne="$(grep -c '"ev": "entry"' "$STATE/live_trades.jsonl" || true)"
+    if [[ "${nf:-0}" -gt 0 ]]; then
+        echo
+        echo "  ⛔ 有 $nf 次入场被拒（共尝试 $ne 个信号）"
+        echo "     最后一条错误："
+        grep '"ev": "entry_fail"' "$STATE/live_trades.jsonl" | tail -1 \
+            | sed 's/^/       /'
+        echo "     40774 = 持仓模式不匹配 · 40762/40786 = 保证金不足"
+    fi
 else
     echo "  还没有成交记录"
 fi
diff --git a/live/live_exec.py b/live/live_exec.py
index 474b885..62f8da3 100644
--- a/live/live_exec.py
+++ b/live/live_exec.py
@@ -254,6 +254,9 @@ class Exec:
         self.execs: dict = {}      # key → 该笔的腿与超时时刻
         self.offset = 0            # 已读到总线的哪一行
         self.n_seen = self.n_took = self.n_skip = 0
+        # 建仓成功/失败分开计。只看 n_took 分不出"做了但下单被拒"——首日
+        # 那 5 小时里 n_took=4 而实际一笔都没建上
+        self.n_built = self.n_order_fail = 0
 
     # ── 启动 ──────────────────────────────────────────────────────
     async def start(self) -> None:
@@ -574,7 +577,7 @@ class Exec:
         hold = "long" if d > 0 else "short"
         stop_px = self.snap(sym, entry - d * SL_ATR * a)
 
-        opened = []
+        opened, failed = [], []
         for x in lg:
             oid = oid_of(r["key"], x["tag"])
             try:
@@ -583,6 +586,7 @@ class Exec:
                 print(f"      ⛔ {x['tag']} 入场失败 {e}", flush=True)
                 log_trade({"ev": "entry_fail", "key": r["key"],
                            "tag": x["tag"], "err": str(e)})
+                failed.append(f"{x['tag']} 入场：{e}")
                 continue
             tp_px = self.snap(sym, entry + d * x["atr"] * a)
             try:
@@ -593,6 +597,9 @@ class Exec:
                 # 超时腿会兜住它，所以只告警不强平
                 print(f"      ⚠ {x['tag']} 止盈挂单失败 {e}"
                       f"（仓位有服务端止损，超时腿会兜）", flush=True)
+                log_trade({"ev": "tp_fail", "key": r["key"],
+                           "tag": x["tag"], "err": str(e)})
+                failed.append(f"{x['tag']} 止盈：{e}")
             opened.append({"tag": x["tag"], "oid": oid, "size": half,
                            "tp_px": tp_px, "stop_px": stop_px})
             print(f"      {x['tag']:<7}{half} 币 · 止损 {stop_px} · "
@@ -600,7 +607,23 @@ class Exec:
 
         log_trade({"ev": "opened", "key": r["key"], "legs": opened,
                    "stop_px": stop_px})
+        # 下单失败必须推。这类失败是**静默的经济损失**：日志里在报，但表现只是
+        # "一直没开仓"，看起来和"没信号"一样。实盘首日就因为这个白跑 5 小时——
+        # 8 次下单全被 40774 拒掉而无人知道。所以推送不是可选的
+        if failed:
+            self.n_order_fail += 1
+            if not opened:
+                await tg.error(
+                    f"{r['key']} 建仓全部失败，这个信号丢了",
+                    "\n".join(failed) +
+                    f"\n\n累计失败 {self.n_order_fail} 次。"
+                    f"链路正常但下不了单——常见是下单体字段被拒"
+                    f"（40774 持仓模式不匹配）、保证金不足、或该币被限制交易")
+            else:
+                await tg.error(f"{r['key']} 部分腿失败，收益结构已偏离设计",
+                               "\n".join(failed))
         if opened:
+            self.n_built += 1
             self.execs[r["key"]] = {
                 "sym": sym, "pair": pair, "hold": hold,
                 "deadline": time.time() + MAXB * 60, "legs": opened,
@@ -743,10 +766,19 @@ class Exec:
                 await tg.day_rolled(*self.guard.pending_roll)
                 self.guard.pending_roll = None
             n_open = sum(1 for v in self.execs.values() if v)
+            # 「已做 N 但建仓 0」是明确的故障，不能只把数字并排列出来让人自己
+            # 看。首日那 5 小时的心跳里 "已做 4 · 在场 0/3" 一直在打，但没有
+            # 任何一处说这是异常
+            bad = ""
+            if self.n_took and not self.n_built:
+                bad = f"  ⛔ 做了 {self.n_took} 笔却一次都没建上，下单被拒"
+            elif self.n_order_fail:
+                bad = f"  ⚠ 有 {self.n_order_fail} 次下单失败"
             print(f"  [心跳] 见信号 {self.n_seen} · 已做 {self.n_took} · "
-                  f"跳过 {self.n_skip} · 在场 {n_open}/{MAX_OPEN} · "
+                  f"建仓 {self.n_built} · 跳过 {self.n_skip} · "
+                  f"在场 {n_open}/{MAX_OPEN} · "
                   f"当日 {self.guard.n_day}/{MAX_DAY} 笔 · "
-                  f"当日 PnL {self.guard.pnl_day:+.2f}/-{MAX_DAY_LOSS}",
+                  f"当日 PnL {self.guard.pnl_day:+.2f}/-{MAX_DAY_LOSS}{bad}",
                   flush=True)
 
     async def shutdown(self) -> None: