WLP auto orders vs Fidelity manual orders
Author: kazuna
Creation Date: 7/14/2009 8:31 PM
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kazuna

#1
Suppose a position was established by WLP script then later I manually place a conditional order to the position, will WLP be able to cancel the conditional order before placing an exit order?

Here is examples:

1. At 10:00, WLP generates an enter alert and order is placed.
2. At 11:00, I place a contingent order to the position from Fidelity.com.
3. At 12:00, WLP generates an exit alert. Will WLP cancel the contingent order before placing an exit order?

4. At 13:00, WLP generates an enter alert and order is placed.
5. At 14:00, I place a contingent order to the position from Fidelity.com.
6. At 15:00, the contingent order is triggered and place a stop exit order.
7. At 15:59, WLP generates an exit alert. Will WLP cancel the stop order before placing an exit order?
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Cone

#2
This is the type of question for Fidelity phone support. We don't have any idea or training about orders placed at Fidelity.com (and it's unlikely that WLP does either).
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kazuna

#3
I was wondering if WLP can cancel the order placed manually for the current position regardless whether if it is contingent order or stop order, then that's cool. Maybe I can try it when I get a chance.
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