Buy stop after hours question

[csemis95]

Newbie question. I was putting an abysmal up buy stop last night around the GBP/USD and did not realize I couldn't establish a buy stop at a price below the daily close price.

1) What's the reasoning behind the rule?
Two ) Is that normal for brokers?

Thanks much,

Kent F.

[csemis95]

Thank you - makes sense to me today - great reading, thanks to the link.

Kent F.

[livindRc86]

I like the new forum design. In the base of the post are associated threads here is the link. That'll answer your query.
Buy Stop Sell Stop basic question