Support Board

Date/Time: Tue, 07 May 2024 11:58:53 +0000

Post From: Use IB managed OCO and bracket orders is ticked, but only the entry order shows up in TWS

[2014-09-18 07:49:15] Link To Thread - Link To Post [Go To First Post]
rc7rader - Posts: 144
Manually cancelling the target also cancels the stop order so my idea of removing the target order after entry will not work. Also, it was a mess when I tried to scale out of a position. I was long 200 shares of one stock and had my stop loss and target limit orders. When price reached an area where I saw selling pressure, I entered a sell limit order for 100 shares using the trade window. When I submitted the order, the original OCO orders were reduced to 100 shares and the new sell limit order for 100 shares which I intended to reduce my position were submitted along with a stop loss and target limit order. I got confused and canceled the scale out order but now, the original OCO order was showing just 100 shares instead of the current position of 200 shares. Instead of scaling out, I flattened my position out of confusion with the orders submitted by SierraChart. This feature is confusing especially for me who scales out of a position, but not at a fixed target price as determined by the original entry. I scale out whenever I see a reason based on my trading system. Any thoughts on this. Date Time Of Last Edit: 2014-09-18 07:50:03