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Don't have the foggiest idea about how it is handled.
All I know is that once a limit point is touched the order
becomes a stop order if not executed at the limit point.
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Clyde Lee Chairman/CEO (Home of SwingMachine)
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----- Original Message -----
From: "svefremov" <svefremov@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, April 26, 2003 5:56 PM
Subject: [RT] what if order does not get filled...
> Suppose a strategy reads a data and issues an order to buy 1
> contract. The order gets filled and an exit order is submitted. The
> price goes though the exit point but the exit order does not get
> executed. The strategy "thinks" that the MarketPosition = 0 and
> submits another order to buy, which also gets filled. Now the account
> is long 2 contracts (while the strategy "thinks" the account is long
> 1 contract) and so on...
>
> How is this handles with DynaOrder or TradeStation or both....
>
> SVE
>
>
>
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