order quantity modification

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Viewing 15 posts - 16 through 30 (of 37 total)
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  • 04/01/2022 at 8:01 AM #190897
    PeterSt

    There’s another thing :

    Ferranmajo wrote:

    Hi everyone, I start  a real account after a few months with the demo version. Now with the real account I have a problem when I want to change the quantity of the order,

    Ferran, this is not correct. Below you see the Demo version OF PRT-IG !! and in there it is just the same not possible. Now, referring to what I showed in my first post in this topic, THIS IS PRT-IB. And this is not related to a Demo version or anything, this is just IB where the changing of the quantities is possible. Also, in PRT-IB many more order types are possible. See the 2nd attachment. Black is PRT-IB, Green is PRT-IG.

    1 user thanked author for this post.
    avatar GraHal
    04/01/2022 at 9:21 AM #190906
    Ferranmajo

    Peter, I would love to be wrong here.

    So please can you show me how you a do a similar trade as I attached in the first picture? (1 entrance point, multiple exits) With the IG PRT demo?

    In the second picture you can see the display menu when you click on the number of contract. That part is what is missing in my account with IG.

     

     

    04/01/2022 at 9:48 AM #190911
    Ferranmajo

    Open 5 (or whatever) trades individually and then set exit levels for each individual trade … the result is the same as you wanted, but more messy?

     

    Yes more messy, imagine if you want to open 10 contracts at one point of Fibonacci and you plan 3 different targets. Quite difficult to open the position at the same point.

     

    Example, after setting : ‘Force Open to Disabled’

    1.   Open Buy trade of 5 Contracts with no Stops or Limits.
    2.   Set 5 individual Sell stop / limit exits of 1 Contract each

     

    I show you on my IG PRT demo this type of trade.

    So what happens if I buy 5, and then I put 1 to sell. The sell limit doesn’t work with the trade I did with the 5 contracts so I can’t use it as a take profit.

    04/01/2022 at 10:05 AM #190915
    PeterSt

    Below you see the principle. The second attachments shows what you perceivably can not do, but which works with right-click and the context menu you see.

    The last attachment shows how it does not work because the orders do not cumulate (I have made remarks about that some longer time ago). But this is a very different issue, so let me look in the settings for how to solve that. Thus as of this post, no 1-position is subtracted from the 5, but a new Long is taken. This is not what you want …

    1 user thanked author for this post.
    avatar Ferranmajo
    04/01/2022 at 10:48 AM #190927
    GraHal

    I just set attached up on my Demo Account, I’ll report back how it works out!

    If I lose money, you owe me a pint and one for Peter also!!  🙂

    04/01/2022 at 10:51 AM #190931
    PeterSt

    Hmm … What you see in the attachment already does not work. You can change it in the following popup, but nothing changes without a message.

    And what plays up next is the (for me) impossibility to have the orders accumulate.  So *that* is the main part why it won’t work out.
    As I said, I complained about this somewhat longer ago, because this used to work (IG !). And I can’t find a setting for this, which probably is in the IG settings (not PRT). Maybe others know ?

    Btw, somewhat stupid, but the quantity of an open position *can* be changed. See 2nd attachment. Only to a lower amount (thus, partial close).

    Dead end after all ? Sorry …

    04/01/2022 at 11:04 AM #190937
    PeterSt

    I have it working …

    04/01/2022 at 11:18 AM #190944
    GraHal
    GraHal wrote:

    you owe me a pint

    Beers are on me, I made £19.75 but the method was flawed!!  🙂

    It came back to me, attached is how I’ve done it in the past.  See how the Stops and Limits are linked to the Open Trades.

    Took less than a minute to set up as attached.  Right click on open trades to get option to set Stops and Limits.

    Will attached work for you Ferran?

     

    04/01/2022 at 11:25 AM #190947
    PeterSt

    Typed the previous post while on the phone. But I spoke too soon.

    It is the setting you see below – especially made for PRT-IG. It says (or should be set to) “switch off”. But it works one time only or something like that, and only for market orders (?). Once it stops working, the Sell Short against a Long does not work any more and it randomly takes out a position from the orders. Adding position by this means does not seem to work anyway (but this was not what the question was about).

    Summarised : *if* something works at all, it works totally unreliable. Still that setting should do the job (and I recall someone (GraHal) just telling about that ?).
    See the second attachment and read it from your own instance un English …

    04/01/2022 at 11:51 AM #190953
    Ferranmajo

    I think this trade didn’t solve the problem.

    3 different trades, each of them with 1 take profit and 1 stop loss with their respective contracts.

    Can you make this trade:

    1 trade(2 contracts). 2 different take profit, same stop loss.

    If you can tell me this, one pint it would not be enough to show you how grateful I am haha

     

    04/01/2022 at 11:54 AM #190954
    Ferranmajo

    It is the setting you see below – especially made for PRT-IG. It says (or should be set to) “switch off”. But it works one time only or something like that, and only for market orders (?). Once it stops working, the Sell Short against a Long does not work any more and it randomly takes out a position from the orders. Adding position by this means does not seem to work anyway (but this was not what the question was about).

     

    Yes I tried the different options but it didn’t work.

     

    Crazy how many complications for a thing that I found really simple for a trading platform.

    04/01/2022 at 11:59 AM #190960
    Ferranmajo

    BTW here is the response from IG after several emails

     

    Thank you for your email.

    I understand your point, but in this case there is no option in IG nor in Prorealtime by IG, to put for example several exit limits to a position.

    That is, if you have 5 contracts, you can put a limit on those 5 contracts, you cannot put 2 contracts at one limit and 3 contracts at another limit.

    04/01/2022 at 11:59 AM #190961
    PeterSt

    Stupid question : Can’t you use PRT-IB for this ?
    The question may not even be soooo stupid, because you called that the Demo account (unless I misunderstood that part). But PRT-IB is not a “demo account” at all – it is as real as can be. However, if you next applied for an explicit subscription for (PRT-)IG, then … you should not have done that ?

    What you want I do a dozen(s) times per day. But in PRT-IB …

     

    PS: And notice that a subscription for PRT-IB gives free access to PRT-IG (but do 4 trades a month there).

    1 user thanked author for this post.
    avatar Ferranmajo
    04/01/2022 at 12:34 PM #190962
    Ferranmajo

    Oh I see, then I might try PRT with IB if you say it works with them

    04/01/2022 at 12:40 PM #190963
    GraHal
    Ferranmajo wrote:

    If you can tell me this

    Tell it / Suggest it to PRT direct using the Suggestion Form on the link below; refer to this Topic to save you needing more than a brief summary of your desires!

    https://www.prorealtime.com/en/contact?suggestion=1

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