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Direct MessagesDate/Time: Mon, 29 Apr 2024 09:14:00 +0000
Post From: HEDGING AGAINST LOSING TRADES
| [2022-11-22 14:59:15] |
| Sierra_Chart Engineering - Posts: 14126 |
|
This is certainly supportive: For example:
1. I place a Long trade (preferably with No Stop and No Target*) at Price Point 100. 2. Price goes Short by 10 Ticks, at which point I place another Long trade at Price Point 90. 3. I now have 2 Long trades, one at PP90, the other at PP100. 4. Price moves back up 10 Ticks to PP100 to break even with trade 1, and trade 2 gives 10 Ticks profit. But you cannot have a long and short position in the same trade account for the same symbol at the same time. You need to separate trading accounts for that, one for each position. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |