Barry Cohen Icon     Posts: 1844 Joined: 10/11/2012  User Profile | Steve, in that example you have 30k available before market open, & another 20k after equity is freed from the closing order. The closing order submits at the start of your trading window along with the first opening order. The 2nd opening order does not submit to the broker, but is marked with a delayed message. At market open, the closing order & the submitted open order both execute. The second opening order waits. After the closing order fills, the equity is freed up. Then the second opening order gets submitted to the broker. If the above occurence happens & at 10:30am say that closing order still hasn't filled, then the second opening order will stop checking for the equity that it needs & not submit to the broker at all. | |
