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thanks
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Can I use a 'stop limit' for my 2 SELL calls? (one for a stop above the current market and another for below the current market, whichever reaches first)
Here it says that a 'stop limit' can only be used for a stop at a price below?the current market, and to use 'Limit if Touched' for a SELL for a price above the current market
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Limit if Touched
A??is an order to buy (or sell) a contract at a specified price or better, below (or above) the market. This order is held in the system until the trigger price is touched. An LIT order is similar to a stop limit order, except that an LIT sell order is placed above the current market price, and a stop limit sell order is placed below.
- Products: BOND, CFD, CASH, FUT, FOP, OPT, STK, WAR
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Order order = new Order();
order.Action = action;
order.OrderType = "LIT";
order.TotalQuantity = quantity;
order.LmtPrice = limitPrice;
order.AuxPrice = triggerPrice;
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