Support Board

Date/Time: Tue, 07 May 2024 14:55:10 +0000

Post From: Order type for trailing stop (Sierra's TT routing)

[2020-01-13 15:16:25] Link To Thread - Link To Post [Go To First Post]
patrader - Posts: 92
I have "Stop: Trailing Stop" (not Stop: Trailing Stop Limit) set as part of my auto trade management for trading the NQ. I noticed in the Trade Positions window when I had an active position in the NQ, that it was showing a stop-limit order with a 6 point (24 tick) spread between the stop price and the limit price. In the real world this will act like a plain vanilla stop order but it isn't actually a plain vanilla stop order, and there's always that freak risk that the market will leap more than 24 ticks. Why isn't a plain vanilla stop order being sent or shown in the Trade Positions window when the user selects "Stop: Trailing Stop"?