Stop Loss window - (fast order placement)

T

TheMordy

Is there a quick way to add an StopLoss to a order on IB ???

I mean, without choosing 'advanced', choose the SL box, set the SL price, press OK.

Just a normal bar or case on the order entry window, to add the SL price ?

Like IB has on the trading portal on the website...

Automatic bracket order is not an options, as my SL is always different.

(btw, no, I'm not looking for a different broker)
 
Algo/API is the fastest way. With an Optimim Cable connection the best I’ve seen is about a 250ms response time.. sometimes 1500ms if they drag their feet and giving better fills to a preffered client (which is effing annoying). I have FIOS now so I really should benchmark it again. Regardless I don’t think that the network is the bottleneck.

What is your network connection? Did you measure your ping time to their servers?

I wrote a little API command-line interface for stuff like this, so I could punch in a command like the following, or use in a script:

Code: 
STOP NYSE IBM 200 111.11

This enters a STOP order for ticker IBM on the New York Stock Exchange for 200 shares at a price of $111.11.
 
Last edited:
Robert Morse said:
The delay of an algo is not the same as a limit or market order as the algo has instructions that might not provide a fast execution. Try timing a simple buy on the ask.
More...
Yes that’s what I had in mind. Just some simple market, limit, stop orders.

Note that IB and other brokers have a large portfolio of order types, and these can actually work in your favor. Some of the more complex order types are routed to a different, _faster_ queue!
 
What is faster than using say ARCA?

kmiklas said:
Yes that’s what I had in mind. Just some simple market, limit, stop orders.

Note that IB and other brokers have a large portfolio of order types, and these can actually work in your favor. Some of the more complex order types are routed to a different, _faster_ queue!
More...
 
Robert Morse said:
What is faster than using say ARCA?
More...
Give me a week or two to dig up my old algos and time them.

Despite an attractive T-Bill market, I want to get back into algo trading.

This market won’t last forever!
 
Last edited:
TheMordy said:
Is there a quick way to add an StopLoss to a order on IB ???

I mean, without choosing 'advanced', choose the SL box, set the SL price, press OK.

Just a normal bar or case on the order entry window, to add the SL price ?

Like IB has on the trading portal on the website...

Automatic bracket order is not an options, as my SL is always different.

(btw, no, I'm not looking for a different broker)
More...


All my IB orders are bracket orders.
Under PRESETS, I have various SL for various Futures.

So that means I use a 2-click entry (press BID or OFFER, then press TRANSMIT which will also send the attached SL order).


Some other platforms allow a 1-click entry.
I also have a lousy platform that requires tens of clicks!!!
 
Last edited:
You must log in or register to reply here.
Back
Top