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To: John Lee CA who wrote (4514)5/16/1999 6:26:00 AM
From: trion12  Respond to of 4969
 
Conditional orders, How???

I trade from overseas so I am asleep when the U.S. markets are open.
Does anyone know of an e-broker that allows in addition to the entering of a stop-limit order, the entering of a complementary stop-loss order at the same time, conditional on the first order being executed?

e.g. If I enter an order to buy 100 XYZ at 100 stop limit 101 I would like to have this followed up with a second order to sell 100 XYZ at 99 stop if and only if the first order is executed.

Since I cannot watch the market in real-time, I would like to have this kind of protection auto-electronically.

Thanks.



To: John Lee CA who wrote (4514)5/16/1999 8:33:00 AM
From: dealmakr   Read Replies (1) | Respond to of 4969
 
John,

This site may give you some info on what you are looking for;

programtrading.com

Good Trading

Dave



To: John Lee CA who wrote (4514)5/16/1999 9:58:00 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 4969
 
John,

myTrack has this information. Look under Market Pulse/Index Futures/Theoretical Values and Returns. I believe it updates every 15 minutes throughout the day.

Dan



To: John Lee CA who wrote (4514)5/16/1999 11:53:00 AM
From: john o  Respond to of 4969
 
thomsonrtq.com
At your request, they will send you an e-mail each morning about one half hour before the open which gives you fair value along with other info.



To: John Lee CA who wrote (4514)5/16/1999 8:56:00 PM
From: steve goldman  Read Replies (1) | Respond to of 4969
 
Rather than go into it in detail, someone said there was agood explanation on CNBCs website and i have seen it posted up here occassionally.
I'll look but if anyone has it, please post it for John Lee.
-steve



To: John Lee CA who wrote (4514)5/16/1999 11:54:00 PM
From: john o  Read Replies (1) | Respond to of 4969
 
Here's one of the previous links on this thread to the CNBC discussion of fair value.
exchange2000.com