I'm working on a strategy. I'm concerned that if I submit a stop-market order on a fast tick chart that price might have moved beyond the order point before the order is placed.
So I would like to understand. If I try to place a Stop Market Buy Order BELOW the current price on a Live account, does this result in an error, or does it get filled at the market?
I've been trying to make an unmanaged strategy for about the last 2 hours to simulate this using the Ninjatrader SIM account but I can't get it to submit the order. The debugger says there's an order object and it says its OrderState is "Filled", but there's nothing in the orders tab and nothing on the chart, trace or logs. Not sure what I'm doing wrong, but just need to understand what to expect when this happens.
Many thanks
Comment