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Date/Time: Sat, 18 May 2024 05:25:11 +0000

Post From: Is it possible to automatically flatten trades based on open p/l limit ?

[2020-10-25 06:50:30] Link To Thread - Link To Post [Go To First Post]
TropicalTrader - Posts: 37
Hi, I'm scalping and in and out of trades, adding and subtracting lots all day. (example, open 1, add 1, close 1, add 1, etc) It's not practical for me to use the attached orders because it takes extra time and focus to adjust the stops and targets. I'd like to just use my buy and sell buttons to trade and if my OPEN P/L gets to a set limit, example -8 points, then it would flatten the current trades. (At that point I would look for my next trade and start another scalping cycle) I've looked into your Global P/L mgmt but that seems to be based on daily p/l. I'm not interested in that feature, I have an automatic daily limit in place via Rithmic. Is it possible to automatically flatten based on an open p/l limit? Thanks Date Time Of Last Edit: 2020-10-25 06:51:09