Sellshort V Sell V Set Stop Loss

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09/22/2017 at 10:27 AM #46899 quote
Mansoor
Participant

Average
1. Can I use Sellshort instead of Sell to close a long position?
2. If I have 1 contract in long position, can I use Sellshort 2 contracts to close the long position and open a short position at the same time?
3. How does Set Stop loss compare to those? This seems to me to be exactly same as Sell. What’s the difference?
Does anyone else use this method to close a long position? Is it common at all?

Merci beaucoup!
09/22/2017 at 10:45 AM #46906 quote

Despair
Blocked

Master

I think this works (reversing a trade by this way). I had a strategy doing this. I’m not sure if this works for this new limited risk accounts though.

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09/23/2017 at 10:45 PM #47086 quote

Mansoor
Participant

Average

Maybe Sell command would result in less loss than Sellshort if there is a gap? Maybe IG would prioritize Sell over Shortsell?

How does Set Stop loss compare to those? Maybe this one has the highest priority in case there is a market meltdown?

I’m sorry if the questions are too basic. I’m new to Prorealtime.

Thank you

09/26/2017 at 10:04 AM #47374 quote
Nicolas
Keymaster

Master
1. Yes you can, but it will open a new short position
2. Same as (1)
3. Exiting a long position with a stoploss is exactly the same as selling it, you give the money to the market
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Sellshort V Sell V Set Stop Loss

ProOrder: Automated Strategies & Backtesting

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Mansoor @mansoor Participant

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This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
8 years, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	09/22/2017
Status:	Active
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