Support Board
Date/Time: Mon, 25 Nov 2024 10:58:51 +0000
Post From: Teton stop loss to stop limit mitigation
| [2024-03-15 07:33:01] |
| User488241 - Posts: 35 |
|
Hello, I've read the documentation for stop losses turning into stop limit orders on the CME when using Teton. I kind of hate the idea of a stop loss turning into a stop limit order and am looking for a way to mitigate this. It doesn't seem like disabling the use server side oco and bracket orders does anything. Is there a way to keep the stop order on the client side so it can execute as a market order? I am also considering using the global profit/loss management to market flatten all positions in the event of the server side stop limit getting blown past. If there is a simpler way to make sure the stop loss is executing as a market order please let me know. Also, if I am misunderstanding the risk associated with a protective stop limit that's being used in place of a stop loss order please let me know. Thank you! |