While watching this video, several questions come to mind.
1. During the order entry portion after entering the first order the instruction says to scroll down the page, then to enter the second order. After entering the second order, the instructions say to "click add another order link". Was this step not included on the first order entry by mistake, or is there a reason not to click add another order for the first order?
2. Can this order process be performed while using "Elite"? Or does this process require the user to be ordering from the "web Page" order GUI?
3. When reviewing the order (prior to placing the order) the screen only showed the third order placed. Is it possible to see all of the orders? And is it possible to change these orders from the preview page?
4. Can a "long position" be ordered for a security, and a "short sell" position for the same security be placed at the same OCA order?
5. Can there be more than three orders placed?
for example:
A) Buy a long position for security ABC.
B) Sell ABC as a trailing stop.
C) Short Sell ABC.
D) Buy to Cover ABC as a trailing stop.
This would allow you to place a trade with
trailing stops that would trigger the BUY if the market goes up, or short sell if the market goes down.
If the BUY order gets filled do ALL of the other orders including the trailing stops get cancelled?
If so, how do you place a multiple order which still keeps the trailing stops?
Thank you,
Rhode