Option to toggle on/off contract limits for resting orders

Situation: The market is trading in a well defined range. In such conditions, I like to place limit entries at the top and bottom of a range. In a well defined range I also like to trade at or near max size.

If I place a limit entry and stop-market exit at the top of the range in max size, the contract limits on the platform will not allow me to place an opposing set of orders at the bottom of the range.

There are situations like this where a trader might want to place more orders than the contract limits, knowing that they won't all fill at once.

A toggle to turn this limit off is risky, and should come with a warning, but I want to have this option in the platform.

This option should not affect the position size limit.

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Upvoters
Status

In Review

Board

πŸ’‘ Feature Request

Tags

Platform

Date

About 2 years ago

Author

Spencer Rhodes

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