Being a relatively new trader I am learning the hard way that I can't rely on my discretion to manage mental stop orders.
With Interactive Brokers if I place a Stop Market order on Best_ECN for a Nasdaq stock, does the order become a market order when the last price for the best ECN hits my stop price -or- is the stop activated based on the print for the entire market(ie. BEST or NASDAQ) because best_ecn is not the entire market?
Thanks for the help..
With Interactive Brokers if I place a Stop Market order on Best_ECN for a Nasdaq stock, does the order become a market order when the last price for the best ECN hits my stop price -or- is the stop activated based on the print for the entire market(ie. BEST or NASDAQ) because best_ecn is not the entire market?
Thanks for the help..