Support Board

Date/Time: Sat, 18 May 2024 18:04:52 +0000

Post From: Stop Limit Chase order?

[2019-07-12 15:04:06] Link To Thread - Link To Post [Go To First Post]
User605199 - Posts: 2
There are a good number of order types available in the software, but I am after something particular. Please advise how to accomplish this. Say I have an open short position at price 100. Market at 99 1. If market hits 102 2. Place buy limit order at 101 3. If market moves to 103 4.Move buy limit order to 102 and so forth up to 109, when a market order takes out the position. I know it sounds odd - why wouldn't you want to buy at market lower instead of chase. It is assuredly for good reason.