TradeStation Help

Order Entry Preferences - Options - Validations & Confirms

Use the Options - Validations & Confirms dialog to set up validation warnings and enable/disable order confirms for Options orders.

 Access using the menu bar File > Preferences > TradeStation Order Entry menu sequence and select Options > Validations & Confirms.

Validations

Controls the default settings for the Warning message to be displayed if any of the following criteria is met.  

• Warn if limit price is more than [ ] % from Last and if price is more than [ ] MinMoves from Last - Check this setting to receive a warning message when a limit price is more than a specified percentage and a number of MinMoves from the Last value. Enter the percentage that you want to use in the first box and the number of minimum move increments in the second.
• Warn if order quantity is more than [ ] contracts - Check this setting to receive a warning message when an order quantity exceeds a specified number of contracts. Enter the number of contracts that you want to use in the box.
• Warn if position cost is more than $ [ ] - Check this setting to receive a warning message when a position cost exceeds a certain currency amount. Enter the currency amount that you want to use in the box.
• Warn if Activation Rules will trigger order to be placed immediately - Check this setting to receive a warning message when you place an order if all of the Activation Rule(s) that are entered will trigger immediately. For example, a time-based Activation Rule will activate immediately if the time entered in the Activation Rule window is equal to or before the current time and the current time is within the regular session. Similarly, a price-based activation rule will trigger immediately if the value entered meets the activation condition comparing to Last for 'Trade Tick' trigger types and Bid/Ask for 'Bid/Ask Tick' and 'Ask/Bid Ticks' trigger types.

Confirms

Controls the Confirm dialog default settings for order placement.

• Matrix - Check this setting to display the Confirm dialog when placing an Options order from the Matrix window.
• Order Bar, Macros, and Order Placement Objects - Check this setting to display the Confirm dialog when placing an Options order from the Order Bar, an Order Entry Macro, or Order Placement objects.
• Market Depth - Check this setting to display the Confirm dialog when placing an Options order from the Market Depth window.
• Quick Trade Bar - Check this setting to display the Confirm dialog when placing an Options order from the Quick Trade Bar.

 Click OK to apply changes or Cancel to exit without changes.