Support Board
Date/Time: Wed, 17 Sep 2025 11:46:12 +0000
Post From: Change Symbols
| [2022-11-03 12:51:15] |
| User898917 - Posts: 31 |
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Update for Problem 2. Hopefully, the following explanation will help. I have unselected 'Support Scale In & Scale Out.' Now, when I select any of the Buy buttons or right click to select Buy Market at a Price Point below the initial Losing Buy order position, it simply keeps adding a contract to the initial losing Buy Position instead of placing a new Buy contract at the currently lower Price Point. Example: Quantity of 1 Buy Contract at initial Price Point 100. The price drops to 50. Hence 1 Buy contract at a currently losing trade of 50 ticks. I then place a Buy Market order at that lower 50 Price Point, but instead of that trade appearing as a new Buy order at that 50 tick lower Price Point, the Buy order gets added to the initial Buy Contract at the higher 100 Price Point, which then amounts to 2 contracts at the 100 price. Thus doubling my initial loss instead of taking advantage of the lower price at 50 which is now moving back up to the 100 Price Point - ideally resulting in a 50 tick profit on the 2nd Buy contract while Breaking Even on the 1st. The other weird thing is, if I select the Buy Bid button at the 50 tick lower Price Point. The Buy order does appear at that entry point but, because the price is now rising back up, it is then immediately hit on Entry, but instead of remaining at that lower Entry Price Point and counting profitable ticks in my favour, the newly filled Buy order is again added to the higher Price Point of the Initial Contract. Over and again I try several ways to take advantage of the now rising lower price but end up adding more and more contracts to my original losing entry at the initial higher 100 Price Point. Thankfully, this is a Simulation account! |