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Reducing Position Size

Rufus · 2023-01-01T17:31:49+00:00

Dear All, For some reason I cannot reduce position size from say short 5 contracts to short 4… an instruction to buy 1 contract takes me long 1 contract therefore reversing the position.. I am sure there is something simple I have missed but can’t seem to find it in the documentation. Thanks for any guidance, Rufus EXITSHORT xCONTRACTS !! WHOOPs — I can’t delete this post it seems to adding the mea culpa here

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ProOrder: Automated Strategies & Backtesting
Reducing Position Size

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01/01/2023 at 6:31 PM #206604 quote

Rufus
Participant

Junior

Dear All,

For some reason I cannot reduce position size from say short 5 contracts to short 4… an instruction to buy 1 contract takes me long 1 contract therefore reversing the position.. I am sure there is something simple I have missed but can’t seem to find it in the documentation.

Thanks for any guidance, Rufus

EXITSHORT xCONTRACTS !! WHOOPs — I can’t delete this post it seems to adding the mea culpa here

01/01/2023 at 7:30 PM #206610 quote
robertogozzi
Moderator

Legend
If you have 5 contracts, you can reduce them by 1 (or more), by using:
```
SELL 1 Contract at Market      //LONG  trades
EXITSHORT 1 Contract at Market //SHORT trades
```
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Reducing Position Size

ProOrder: Automated Strategies & Backtesting

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Rufus @rufus-round Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
3 years, 9 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/01/2023
Status:	Active
Attachments:	No files

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Reducing Position Size

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Reducing Position Size ProOrder: Automated Strategies & Backtesting

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Reducing Position Size

ProOrder: Automated Strategies & Backtesting