Login Page - Create Account

Support Board


Date/Time: Sat, 04 May 2024 06:13:24 +0000



Post From: Selectively Assign Stop/Triggered Stop

[2019-10-15 01:05:03]
D Branch - Posts: 5
Dear Support:

I trade with hotkeys. I have four hotkeys assigned:

9 key: Buy Market
0 key: Sell Market
7 key: Sell (Short) Market
8 key: Buy (To Cover) Market

I want to assign a stop or triggered stop (not sure on terminology) to the 9 and 7 keys, so that if I open the order and the price immediately moves against me (by 2 ticks) a stop will be triggered and I will automatically exit the position at market.

Since I want to manually take profit (with 0 and 8 keys), I do not want the stop (2 ticks) applied to the 0 and 8 keys. (I would like the 0 and 8 keys to be simple: Sell and Buy at market only.)

How can I do this? And is this technically called a Stop or Triggered Stop? Do I need both Stop and Triggered Stop set to an offset of 2 ticks on the "Targets" tab of the "Chart Trade Window"?

Thank you in advance!