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Date/Time: Fri, 03 May 2024 23:48:23 +0000



Post From: Triggered Limit Order Entry study basic usage

[2013-04-23 22:26:14]
TPeirce - Posts: 27
Discovered my error after some experimentation. I had misunderstood how this works. In a buying scenario the trigger level needs to be above market and the hypothetical limit entry bellow market. I was looking for a 'limit if touched' type order to keep my limit orders inactive until the limit price is closer than the current market.
Limit if Touched Orders
http://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Forders%2Flit.php%3Fib_entity%3Dllc