Lightspeed Guide
Equity Stop Orders
How do I send an equity stop order in Lightspeed?
Lightspeed Trader can send Stop and Stop Limit orders via EDGA. These orders are triggered by trades: once the symbol trades at your stop price, EDGA will send an order on your behalf.
To send stop orders via the Order Entry Window you will select "STOP" in the "Type" field. The "Market"tab will then automatically go to "STOP". You can then put your stop price in the "STOP" field.
To send stop orders via custom order, you would select "STOP" on the Instruction drop down. The Market field should then stay blank as you will not be choosing the market because all stop orders go to EDGA by default. In the example below whatever the highest inside bid is at the time of entry and will be triggered when a trade goes off at that price.
You can "Map Key Now" to map your stop to a keyboard key or go to the Hot Buttons window and add this hot button to active by mouse click.
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