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Date/Time: Sun, 12 May 2024 01:54:45 +0000



Post From: Selling partial order

[2021-02-07 18:51:51]
ianf - Posts: 8
I was hoping you were going to ask something more complicated. Since I'm interested in 'splitting' i.e 4 unit entr with SL, price moves 6 ticks in my favour so set SL on 2 units to +4 (locking in some profit) but only move SL for other 2 units to +1 allowing rest of the trade more breathing room.

In answer to your question:
Yes, the easiest way is to use the DOM set the quantity to 1 or 2 and just sell the contracts you wish to take profit on.
Use either with a Limit Order, a Stop Order or a Market Order.
But if you had an auto strategy set in the Dom and used that for your entry, then you don't then have to adjust the quantity on the original SL since it will do it automatically.
However if you had set up a strategy with 4 units and 3 take Profits and manually exited 2 units, your 3rd TP would still exist even though with only 2 units left and a total of 3 TP's your would never get there!