Sell stop vs Stop loss

[Dervakon]

Hi All,

If I use Sell stop, did my broker will see my stop because if I use a stop loss it will see it


Thanks

Derv

[NinjaTrader_RyanL]

Hello Dervakon,

Thank you for your forum post.


After placing the order you can check the order state from the Orders tab of the Control Center.

Refer to this forum post as to where your order resides:

• http://www.ninjatrader.com/support/f...7076#post27076

[Dervakon]

Hi Ryan,

I'm with Vision financial how I use OCO so my broker can't see my stop

Thanks

[NinjaTrader_Joydeep]

Hello Dervakon,
You can place simulated orders to do it.

• Right click on the Chart Trader (or SuperDom)
• In the context menu click on Simulated Orders and then place the orders.

Please note, the orders will be stored locally in your PC and if you close NinjaTrader the orders will be not active.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?simulated_stop_orders.htm

[Dervakon]

Thanks Ryan,

Last question...did I will see something different on my chart when I will use that kind of stop. It's working with all stop (Stop loss, Buy stop, sell stop )

Thanks

Derv

[NinjaTrader_Joydeep]

Hello Dervakon,
It will work/behave like any stop order, however please do remember a market order (in case of a stop market order) or a limit order (in case of a stop limit order) will be submitted to avoid order rejection.

[Dervakon]

Hi Joydeep,

When I place my stop the tag on the chart is yellow. so I assum the stop isonly on my PC and not on the market... That is correct ?

Derv

[NinjaTrader_Joydeep]

Hello Derv,
Yes, that is correct.

Yellow denotes the state is initialized and the order is in your local PC only.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?order_state_definitions.htm

[Dervakon]

Hi Joydeep,

If I use ATM strategie it not working, because my stop and my target are iin state aceepted by my broker but not initialized

Thanks

Derv

[NinjaTrader_Joydeep]

Hello Derv,
The Atm stops will be simulated only if you assign a volume trigger to it. Please refer to our help guide to know more.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?simulated_stop_orders.htm