When I want to get long on the DOM and I left click on the price ladder ABOVE where price is currently trading, I am entering a Market order but with a Limit where price wont just take me above a certain level.
So for instance, Price is trading at 100.00 on Crude. I want to get Long and I enter an order on the DOM at 100.05 as the market is moving FAST...... So it will fill me somewhere between 100.00 and 100.05, whereas if I enter just a Market Order it can fill me at whatever price it wants (ex. 100.10).
I want to have this functionality on the Chart Trader to avoid using the Static/Dynamic Stop, where I enter an order that behaves like a Market but does not go beyond a certain price level. The issue with Stop Limit orders is that if the market is Moving Fast, you will get an error message that a Stop order cannot be placed below the price (when going long) and its frustrating.......
Please advise if this can be implemented........
PEDRO
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