Back to www.cobrasmarketview.com

04/23/2013 Live Update

User avatar
stlwater
Posts: 613
Joined: Fri Nov 04, 2011 2:00 pm

Re: 04/23/2013 Live Update

Post by stlwater »

Cobra wrote:
stlwater wrote: Right. I use OTO or even OTT (order triggers two orders) and of course OTOCO (in this case a buy stop limit order is filled then two sell tops are entered protective stop and a target price limit order (neither are entered into the market they are held on the broker's servers until conditions are met then sent to the exchange).
Where to find OTO or OTT, I didn't see them under complex orders.
I don't if your broker offers those options? I'm on OptionsHouse.
User avatar
Cobra
Site Admin
Posts: 61829
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2013 Live Update

Post by Cobra »

well, guess that's it for today. need dig more before calling tomorrow. bulls now in a better condition though. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 61829
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2013 Live Update

Post by Cobra »

stlwater wrote:
Cobra wrote:
stlwater wrote: Right. I use OTO or even OTT (order triggers two orders) and of course OTOCO (in this case a buy stop limit order is filled then two sell tops are entered protective stop and a target price limit order (neither are entered into the market they are held on the broker's servers until conditions are met then sent to the exchange).
Where to find OTO or OTT, I didn't see them under complex orders.
I don't if your broker offers those options? I'm on OptionsHouse.
I see, thanks.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/23/2013 Live Update

Post by Al_Dente »

Xian wrote:FWIW,
Schwab site down
mine too :roll:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Major
Posts: 60
Joined: Sun Dec 04, 2011 1:23 pm
Location: Metro Chicago, IL

Re: 04/23/2013 Live Update

Post by Major »

Cobra wrote:
daytradingES wrote:e.g. for a crash
then it still could trigger twice?

Say, you have stop limit at 1500 limit 1494.
then another one 1490, limit 1484.

say, market crash to 1500, you sold at 1496. You don't see (like me having lunch in another room), so your 2nd stop limit still there, it's not automatically cancelled.

then market crash to 1490, you sold at 1490,

then market rebound to 1500 from 1490, you end up sold short at 1490 in this case.

I need a feature that if one stop loss triggered, then the 2nd stop loss would be automatically cancelled.
I used to trade commodities and there was an oco order that could be used. Oco - one cancels other. I don't know if that is still available and I don't know if i also applies to stocks and/or options. My guess is that it is up to the broker even if it allowed y the exchange.
daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 04/23/2013 Live Update

Post by daytradingES »

In this example I have used OCA stop orders
only one gets filled and then it cancels the others (see HE1 OCA code)

You need to all the OCA column

(I don't use attached feature because it autotriggers the stop and profit limit)
Attachments
temp6.png
Educational only and not trading advice (EO&NTA) :)
Good trading to all
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 04/23/2013 Live Update

Post by jarbo456 »

aapl shares are halted.
User avatar
Cobra
Site Admin
Posts: 61829
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2013 Live Update

Post by Cobra »

daytradingES wrote:In this example I have used OCA stop orders
only one gets filled and then it cancels the others (see HE1 OCA code)

You need to all the OCA column

(I don't use attached feature because it autotriggers the stop and profit limit)
I see. thanks.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 61829
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2013 Live Update

Post by Cobra »

daytradingES wrote:In this example I have used OCA stop orders
only one gets filled and then it cancels the others (see HE1 OCA code)

You need to all the OCA column

(I don't use attached feature because it autotriggers the stop and profit limit)
By the way, if I did set OCA today, still no regret because it'd be sold at lower price anyway. So simply no escape today. :(

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

Re: 04/23/2013 Live Update

Post by MrMiyagi »

AAPL beats, kinda, not the best guidance, stock up 23$ to 429$
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 04/23/2013 Live Update

Post by jarbo456 »

MrMiyagi wrote:AAPL beats, kinda, not the best guidance, stock up 23$ to 429$
hardly a beat...

but $50B buyback helps.
User avatar
TWT
Posts: 2506
Joined: Wed Nov 16, 2011 6:57 am
Contact:

Re: 04/23/2013 Live Update

Post by TWT »

$EURUSD: Watching if price is forming a falling wedge (bulllish?)
Attachments
eur 60 min.png
Post Reply