target adding after active trade

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  • 07/10/2024 at 6:48 PM #235028 quote
    aApP2453wwLl5521
    Participant
    New

    forgive me if you see this post again–i had entered my question on another part of the platform before i saw this area to post in

    example:

    i have entered an active trade  .4 contracts and my initial target was 1111 to close .4 contracts

    but after i have entered my active trade i want to change my order to close .2 contracts at 1111 but in addition  now i want to  close remaining .2 contracts at 1112

    is it possible to add an additional target after have entered an trade

    thank you

    allen nelson

    07/11/2024 at 8:59 AM #235047 quote
    robertogozzi
    Moderator
    Master

    You can close ALL contracts with either at-market or pending orders, in this case you dont’ even need to sopecify the number of contracts:

    SELL AT MARKET               //close ALL long contracts AT MARKET
SELL AT ExitPrice STOP       //close ALL long contracts using a STOP pending order
SELL AT ExitPrice LIMIT      //close ALL long contracts using a LIMIT pending order
//
EXITSHORT AT MARKET          //close ALL short contracts AT MARKET
EXITSHORT AT ExitPrice STOP  //close ALL short  contracts using a STOP pending order
EXITSHORT AT ExitPrice LIMIT //close ALL short contracts using a LIMIT pending order

    If, instead, you want to partially close a position (just a few contracts, not all of them), then you need to use AT-MARKET orders only. To exit some contracts at a desired ExitPrice you will have to check it’s been reached (using = or > or >=):

    IF close >= ExitPrice THEN
   SELL 2 CONTRACTS AT MARKET //close 2 long contracts
ENDIF

    if the position is only 2 contracts, then all of them will be closed.

    Iván González thanked this post
    07/11/2024 at 4:41 PM #235110 quote
    aApP2453wwLl5521
    Participant
    New

    thank you for answer

    allen

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target adding after active trade


Platform Support: Charts, Data & Broker Setup

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aApP2453wwLl5521 @aapp2453wwll5521 Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by aApP2453wwLl5521
1 year, 7 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 07/10/2024
Status: Active
Attachments: No files
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