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Trading

What is the difference between a Stop order and a Stop Limit order?

Stop order (STP): Designate Stop Price, triggers market order when hit. Stop Limit order (STP LMT): Designate Stop Price and Limit Price, triggers limit order at designated price. More info on website. Details on stop orders in Knowledge Base.

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Trading

How do I place a stop loss order in TWS?

To attach a Stop Loss order in Mosaic, expand the Advanced panel in the Order Entry panel and select Attach Stop Loss. Enter the order parameters and submit. In Classic TWS, right-click on an order management line and select Attach, then choose Stop Loss. Define the order parameters and transmit. If the order is pending, right-click on the order line in the Pending orders window, select Attach, then choose Stop Loss. Define the order parameters and transmit. Refer to our Users' Guide for more information.

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