Place two limit orders with difference quantities.

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05/18/2018 at 4:38 PM #70794 quote

borsnasan
Participant

New

Hey,

So my problem is that I can’t place two limit orders after a have bought my instrument. For example say that I go long by buying to 10 contracts. First a want to set a limit order to sell half of mine position and then sell rest of it when my risk ratio is 1:2. Now I can only set one limit order that is linked to my long position with the same quantity.

05/18/2018 at 4:40 PM #70797 quote

robertogozzi
Moderator

Master

Partial positions cannot be closed as of this version of ProOrder.

But I think this is not true for manual trading.

05/31/2018 at 9:19 AM #71832 quote

Carine
Moderator

Average

Hello,

It is possible to make partial closings in manual trading.

Regards,

Carine

05/31/2018 at 9:34 AM #71836 quote

Nicolas
Keymaster

Master

Thanks Carine.

And also soon possible with automatic trading (actually in beta testing).

01/08/2019 at 10:46 AM #88155 quote

Pere
Participant

Veteran

Is it possible to do it in semiautomatic trading Nicolas? That means: I put manually a limit order (or stop order) for the entry of the trade, and I want to put a limit order on this trade to cut half of the trade when a certain level is reached.

01/08/2019 at 3:24 PM #88176 quote

Nicolas
Keymaster

Master

Partial closure is possible with manual orders (still not in automatic trading), so I assume a limit order with an half quantity should be possible..

02/18/2019 at 3:39 PM #91647 quote

David
Participant

Veteran

I would run 2 systems and split the orders. Not a perfect solution but still a workaround solution.

05/09/2020 at 11:32 AM #130720 quote

Philstrading
Participant

Senior

I recently clicked on the chart and it came up with a partial close option. So I’ve been unable to repeat this on a chart when setting an order. I’m going to check this coming week whether this was on an activve trade. So it may be that when you are in a trade you can right click and get a partial close order. I’m not sure ho wit works yet but will see.

However for me to set partial closes I check the limit level with the slider and simply place a normal limit order with no stoploss or limit on it for the partial amount and drop the order on the chart which will automatically net off the trade if it dosn’t have a stoploss associated with it. You can then also do the same for your 2nd limit or simply use the slider for the second order.

I am however interested to see next week what this partial close is as it is either an at market partial close or a chance ot set an order. Will see…
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