IB: no conditional stop order! any other broker?

Discussion in 'Order Execution' started by vetten, Jan 14, 2013.

  1. Pete - IB

    Pete - IB Interactive Brokers

    Answer: The prices are ignored until the start time is reached, so in your example the stop prices would not be adjusted.

     
    #11     Jan 23, 2013
  2. himself

    himself

    Thank you.

    Is there any way to do what I want which is:
    The night before, enter an order that if the price goes up to x, and then fails, that a stop order can be placed to go short at the close?
    How about a stop limit order to go short at the close?
    Thanks
     
    #12     Jan 23, 2013
  3. vetten

    vetten

    hello Pete,

    thank you for your help on this forum.

    now I got another brain teaser for you or anybody else.

    price is 1.5940 and I have a buy stop order @ 1.5950.
    this order is triggered and sold @ 1.5975.

    now if I`m not at my computer and price drops to 1.5925, how can I already have those conditions in an order to buy @ 1.5950 again?

    so price must first rise to 1.5975
    then must drop down to at least 1.5925
    and trigger a buy stop order to buy @ 1.5950

    thank you for your help:)
     
    #13     Jan 27, 2013