Just reading about orders, I see there is a market if touched order. Very close if not exactly what I am looking for in one respect. Let's say stock is at $10. I place a market if touched buy at $11 tomorrow. I assume that if stock opens at $11, or opens below $11 and runs up to $11, it will be triggered. But what if stock opens at $12? Will it be triggered? Or no because it never touched $11, it gapped up through it and never touched it? Thanks!
The first link of a google search revealed [emphasis added]: Market-If-Touched (MIT) Order Definition and Example https://www.investopedia.com/terms/m/marketiftouched.asp "...Suppose that a stock is trading at $10.00 per share. According to your analysis, the stock will be undervalued at $8.00 per share. You may place an MIT order at $8.00 per share. If the price moves to $8.00 or below—the trigger price—a market buy order will be sent out and filled at the best price at the time. That price may be $8. I could be $8.02, $8.10, or $7.90, for example. This means you can invest near the "undervalued" price without constantly watching the market. ..." You could also, Ask your broker; or read your broker's 'Order Definitions.' You could also, Use your simulated account to try it and see what happens.
Thanks userque. I saw that, but elsewhere where I read about it it seems to suggest ots only triggered if there is an actual trade at the price you specify, which is contrary to what you posted. I searched the IB website and didn't find any further clarification. Guess I'll have to call IB to find out. Will report back!