Buy/Sell Stops reside where ?

[andy4]

Hi,
don't have live yet, tomorrow I hope.

Concerning Buy/Sell stops on Ninja DOM/Chart Trader, I use PAT's where will the stop reside ? My comp' or exchange ?

Thanks,
Andy

[NinjaTrader_Jason]

Hello Andy,

Please see the link below for information about the location of orders.

http://www.ninjatrader.com/support/forum/showthread.php?t=5349&highlight=order+reside

Patsystems
Orders in a state "Working" are at the exchange.
Orders in a state "Accepted" are locally simulated on your PC.
OCO (One Cancels Other) functionality is simulated on your local PC.

You can check the order status in the Control Center-->Orders-tab under the State column.

[andy4]

Hi Jason,
thank you, I had seen the link, just don't have live yet so was wondering what a buy'sell stop would be considered.
Thanks again,
Andy

[NinjaTrader_Jason]

Hello Andy,

You cam submit a buy/sell stop as stop market or stop limit order. A stop loss part of an ATM strategy is submitted as stop market or stop limit as well.

Please see the link below for information about the various order types you can submit.

http://www.ninjatrader.com/support/helpGuides/nt7/sub.htm