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Date/Time: Mon, 07 Oct 2024 07:46:13 +0000



Execution with profit target and trailing stop question

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[2015-03-05 17:40:01]
User38993 - Posts: 61
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]
Sierra Chart Engineering - Posts: 104368
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

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