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View Full Version : Fading the e-Mini using StopLimit on Patsystems


marj.g
02-18-2005, 02:54 PM
I just recently started using NT with a Patsystems broker.

Today, I tried to put in a StopLimit SELL order 3 ticks above the current Ask price to "fade" the retracement while in an open position.

NT gave me an Order Rejected message. The message said a stop order has to be at or below the market price.

Is this a limitation with Patsystems? Or with NT? Because I never had this problem with IB before. And I do this all the time.

NinjaTrader_Ray
02-19-2005, 09:46 AM
What you want to do is put in a LIMIT sell 3 ticks above the market. Stop order to sell above the market is for sure an invalid order.