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Direct MessagesDate/Time: Sun, 05 May 2024 13:41:04 +0000
Execution with profit target and trailing stop question
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| [2015-03-05 17:40:01] |
| User38993 - Posts: 61 |
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Let's say that I bought with a market order 10 contracts on CL with profit target of 10 ticks and 10 ticks trailling stop. 5 contracts get executed at $51.20 and another 5 contracts get executed at $51.21. Where will my profit target be and where will my trailling stop be? does each of 5 contracts have separate profit targets and trailing stops? |
| [2015-03-05 18:23:22] |
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The target and stop will be relative to 51.20 and will have a quantity of 10. Of course as the market moves, the trailing stop will change in price. 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, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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