Discussion in 'Trading' started by rtr1129, May 19, 2012.
What does C&R stand for? As in this thread
Have you asked Jack?
How might I contact Jack?
The thread you referenced is from this site's heyday when smart discussions were possible.
C&R stands for "Cancel & Replace" and dates back to a time when trades were made by phone to a broker. One either placed an order or cancelled and replaced an existing order.
Jack used C&R's to update trailing stops based on formations and pace. Sometimes the number of contracts was doubled making the C&R a reversal order as well.
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