I have an algo that seems to do well effectively being it’s own “multi stage” trailing stop by updating a regular stop limit at various intervals.
I went to implement a similar thing for premarket and got hit with this unit:
“{“code”:42210000,“message”:“stop_limit orders are not eligible for extended hours trading”}”
Why not?
Similarly, is there a way to place stop limit orders in Alpaca premarket? I know it’s allowed in the markets because I do it on other platforms all the time. Just trying to figure out how to do it in Alpaca short of basically making my own stop limit algo using a websocket connection and smashing a regular limit order when my stop thresholds are hit.
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