Flash proof stop limit orders | Traders Hideout

futures.io - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


Flash proof stop limit orders

  #7 (permalink)

Point Roberts, WA, USA
Trading Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
aquarian1's Avatar
Posts: 3,731 since Dec 2010
Thanks: 1,458 given, 2,342 received

One thing to be aware of is non-reviewable ranges.
For ES it is 6 pts I believe.
If your order gets to the exchange and the price has fallen more than that it is rejected as too far off the market.
This happens to market stop orders in a very fast fall.

For this I would recommend staggered OCA stop-limit orders

Keep your mind in the future, in the now.
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to aquarian1 for this post: