Is there an order type where one could create a SL to be activated on certain date ?

Discussion in 'Trading' started by traderwald, Jan 20, 2020.

  1. traderwald

    traderwald

    Hi guys,

    Is there an order type where one could create a SL to be activated on certain date ? Like create an SL order on 10th Jan but only activate it on 15th Jan in the market.

    This would be an order that would not require the trader to code it.

    Thank you
     
    #1     Jan 20, 2020
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  2. schizo

    schizo

    Yes, but it depends on the broker. For example, Interactive Brokers offer "Good-after-Time/Date" attribute in their order, which can be used for that very purpose.

    upload_2020-1-20_0-41-41.png
     
    #2     Jan 20, 2020
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  3. MattZ

    MattZ Sponsor

    If you trade Futures, you have a function like that on R Trader by Rithmic. you can specify the date and time of order release, down to the millisecond. I gave an example below for an order for the next 48 hours.
    upload_2020-1-20_12-18-28.png
     
    #3     Jan 20, 2020
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  4. Overnight

    Overnight

    Those look like microseconds, not milliseconds. 6 post-decimal digits would be 1/1,000,000 of a second. :)
     
    #4     Jan 20, 2020
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  5. MattZ

    MattZ Sponsor

    Agreed.
     
    #5     Jan 20, 2020
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