How Does The "Parked Indefinitely" Feature Work?

C2
1

C2 Staff -



Please help me understand what "Parked Indefinitely" means.

If I place a stop order on a long position and then park it indefinitely then, exactly what have I done? Will the order unpark itself if the stop is triggerred and at that point become a live stop order or am I supposed to manually unpark this order when I am ready to have it execute?



Thanks,

MP

2

Parking Indefinitely is used to prepare an order, but not submit it – to get it ready for quick and easy submission, when the time is right. You will need to manually unpark it. Some people use this feature to create a bunch of pre-prepared orders, which they can then submit quickly at the click of a mouse.

3

I see. Ok, Thanks Matthew.