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Problem with Stop Loss order
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Created: by Sanosuke Attachments:0

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Problem with Stop Loss order

  #1 (permalink)
Trading Apprentice
Edmonton, Canada
 
Futures Experience: None
Platform: ThinkorSwim, NinjaTrader
Favorite Futures: Stocks
 
Posts: 3 since Jan 2015
Thanks: 1 given, 0 received

Problem with Stop Loss order

Hi again folks,

I am having a problem with creating a stop loss order for a position that I am holding in the thinkorswim platform.

When I try to create a stop order by clicking on my position, and choosing "create closing order" I get an error that says my order was rejected as the stock cannot be borrowed. I don't understand this as I own 148 shares of said stock. It just seems that there is no way to set a stop on the position that I hold and it's quite annoying. I've been able to create stop orders as part of the OCO special order, but that won't work when I have a position and didn't set the brackets with the initial order. Any help is greatly appreciated!

Take care,
Sano

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