Left click stop orders on DOM
When entering stop orders on the DOM, it submitted the market orders instead! I know you can use the mouse's Right Click button to submit stop orders, but that is cumbersome and error prone. In day-trading environment you don't have the luxury of making this kind of error. The DOM should be more intuitive. When you submit an order to Buy above the market, the system should know that it is a stop order, because who's in the right mind to enter a limit order to Buy above the market? If you want to do the market order, there are two separate buttons above to do just that.
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no offense but i don't see how right-clicking once is cumbersome.
the question is: should each action (ie placing a limit or placing stop order) be mapped to a different user gesture (left-clicking vs right-clicking) or should the same user gesture (left-clicking) result in 2 or more different actions depending on the mouse cursor location?
i find the former more logical and less error prone because there is a distinctly different muscle/gesture memory associated with it. if you didn't have that and used the same gesture to mean 2 different things, one day you might be looking at your screen and be distracted by something while you left click, thinking you are entering a limit order, but instead you placed a stop order. distraction happens all the time.
my point is: the clearer the user-interface, the faster it lets us interact with the system (1 click and no more), the least confusing it is (everything organized visually in a logical and easy to find way and not like some of the competition's product which look&feel like they have been built for Windows XP 15 years ago!), in other words, the more the cognitive complexity arising from too many graphical elements on screen competing for one's attention and too many action pathways not intuitively guessable quickly, the more this is reduced and the better it is for our trading.
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I like the right click to enter a stop order. And Its actually better to do a market above the current price rather than a simple market buy a limit above limits your buy to that price a market order is whatever the market price is so it could be 100pts higher in theory. I see your point though I would suggest that this feature be customization per user
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100% agree with the original poster. Ability to customize by user should be fine too. At a minimum, simply disable left click where a stop order should be!!!!!!!!! That way at least you can't get a market order when you want a stop. (This is already done for right clicking in the wrong place.)
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