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Chart Trader Stop Limit "0"

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    Chart Trader Stop Limit "0"

    Chart Trader

    If I right click create a stop limit order... enter "0" in the limit" and put it at "X". And price goes THROUGH "X" ..and I get a no fill..that is cool...now:I then move my order to my next S/R level..."Y" that price has not touched yet... Once I click the order in moving it from price "x" to price "y"..the order is filled almost immediately at "price or better" even though price has not reached "Y" This appears to occur because price has already originally "touched" "x" ...even though price has NOt toughed the new price of "Y"

    It would seem to me that that in moving the order from X to Y should reset the "already touched" property of the order ... because price has not hit "Y" so it should not fill at "price or better" until price has hit "Y"

    In order to prevent this from happening I actually have to CANCEL the first order at
    "X" and create a new order at "Y"

    This is not logical.

    #2
    Hello,

    Thanks for your note.

    If I understand you when the stop price gets hit the stop order is no more and its just a limit order. So when you move it higher it fills like a limit order would.

    If you want this to be a stop order again, I would suggest canceling the limit order that didnt get filled and resubmitting a stop order.

    Let me know if I can be of further assistance.

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