This has been with NinjaTrader since at least v6.5, and it's been very annoying to me since then.
When you left-click on a buy or sell column in the DOM, it always assumes you want a limit order. To me, this is simply ridiculous. If I click on a BUY at a price higher than the market, the assumption should be for a STOP order, not a LIMIT order.
I've accidentally entered at-market trades on more than one occasion because of this -- my intended STOP order entered as a LIMIT order which was converted to a MARKET order and it's always followed by loud cursing at NinjaTrader.
I know there's the shift-click behavior, but is that really necessary? The type of order should default based on the price where you're entering the order. I mean if your order is outside the market (ie higher than market for a BUY, or lower than market for a SELL), a LIMIT order will fill immediately. It should be a STOP order.
At the very least there should be a warning -- similar to how the chart trader prevents you from entering STOP orders inside the market (ie lower than market for BUY, etc.). I've hit this one many times because I often trade within a few ticks of the market. And while I'm trying to enter an order the market will move. Then I get the popup about STOP orders not being allowed inside the market -- followed by loud cursing at NinjaTrader as the market takes off and I miss the opportunity.
Just a few thoughts...
When you left-click on a buy or sell column in the DOM, it always assumes you want a limit order. To me, this is simply ridiculous. If I click on a BUY at a price higher than the market, the assumption should be for a STOP order, not a LIMIT order.
I've accidentally entered at-market trades on more than one occasion because of this -- my intended STOP order entered as a LIMIT order which was converted to a MARKET order and it's always followed by loud cursing at NinjaTrader.
I know there's the shift-click behavior, but is that really necessary? The type of order should default based on the price where you're entering the order. I mean if your order is outside the market (ie higher than market for a BUY, or lower than market for a SELL), a LIMIT order will fill immediately. It should be a STOP order.
At the very least there should be a warning -- similar to how the chart trader prevents you from entering STOP orders inside the market (ie lower than market for BUY, etc.). I've hit this one many times because I often trade within a few ticks of the market. And while I'm trying to enter an order the market will move. Then I get the popup about STOP orders not being allowed inside the market -- followed by loud cursing at NinjaTrader as the market takes off and I miss the opportunity.
Just a few thoughts...
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