If I bet on a price increase beyond that range for ABC stock and places a buy stop order at $10.20 (if the current price of ABC is $10.0). Once the stock hits that price, the order becomes a market order and the trading system purchases stock at the next available price.
However, I cannot do the Stop Buy Order in the Das Trader Pro because of the error message "The price is invalid". Did anyone know what the problem is?
For Long side: Share=Pos;StopPrice=50/Share;Price=AvgCost-StopPrice;StopPrice=Price;Route=Stop;StopType=Market;Sell=Send;TIF=Day+;
For Short side: Share=Pos;StopPrice=50/Share;Price=AvgCost+StopPrice;StopPrice=Price;Route=Stop;StopType=Market;Buy=Send;TIF=Day+;
Thank you so much, @Angela Kuzeva and @Martin D. I've been using Aiman's Parabolic Reversal strategy (and have added many of my own rules to the playbook). Your feedback are very helpful, I'm grateful that you've taken the time to help me with this.
Hello! I would like to try doing day trading on a real platform (I have been practicing for more than 6 months), using break of the high of the day strategy. I usually buy once per stock and sell several times as it goes up (assuming everything goes well). I rarely do more than 2 different stocks per day (usually AAPL being one of them). I can use about 10k for now, so I won't be able to do day trading in the USA. As far as I understand there are other options, outside US but still trading US stocks, but with higher fees. What would be the best option for me (as a beginner and given my strategy)? Thank you!