Hot Key Options

Discussion in 'Order Execution' started by dbphoenix, Oct 6, 2002.

  1. dbphoenix


    1. When entering a buy (or sell) limit with trailing stop via a hot key, does the trailing stop take effect only after the limit order has been filled? In other words, can the stop be "on the books", ready to be filled, even though the original limit order was never filled?

    2. Can the trailing stop be changed or cancelled after the order is executed without affecting the status of the order, or does the position have to be closed and a new order entered in order to change or cancel the stop?

    3. Is it possible to combine the "buy limit at the bid" and "buy limit with trailing stop" orders, i.e., "buy limit at the bid with trailing stop"?