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Date/Time: Sun, 05 May 2024 00:27:17 +0000



Post From: OCO orders not filled

[2014-06-26 07:28:12]
EthanC - Posts: 44
Haha, you are right!

In conclusion, if a broker does not provide Server Side OCO:

1) You placed an OCO order and it gets filled.
2) You turned off your PC.
3) The market trades beyond your stop and you get stopped out. (Your limit target turns to BTO/STO)
4) The market reverses to your limit target which is now a BTO/STO, and now you are in a new position without a stoploss & target.

Side note: This applies to "send attached orders by price" and "send attached orders by position" too.

Am I right?
Date Time Of Last Edit: 2014-06-26 07:31:17