Issues with sell and buy stop

[kfernie]

When I set a buy or sell stop under pending orders the accepted order appears in the trade screen for maybe a minute or so then disappears; appearing in the account history section. I am new but have read the information on stop orders and thought it was straight forward....maybe.

USD/CAD - price - 1.808 - sell stop set at 1.796 TP at 1.1786 - it lasted on the Trade screen for 30 seconds. I must be doing something wrong; any thoughts.

Kim

[Brian Dee - Random Trader]

KF

Were you placing this manually, if so is the account cleared to trade?

If you are coding this, post your code using the SRC button

-BB-

[kfernie]

BarrowBoy wrote >>

KF

Were you placing this manually, if so is the account cleared to trade?

If you are coding this, post your code using the SRC button

-BB-

BB,

This is a manual order; it was accepted; showed in the Trade screen and then disappeared turning up in account history.

Kim

[Ray]

sell stop set at 1.796

Sell stop price needs to be below current price.

[kfernie]

phy wrote >>

Sell stop price needs to be below current price.

phy,

I guess my understanding of stop and limit orders needs a little more educating; any recommendations on reading material.

Kim

[Ray]

BUY_STOP -- order is above current price

SELL_STOP -- order is below current price

BUY_LIMIT -- order is below current price

SELL_LIMIT -- order is above current price