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Date/Time: Thu, 16 Jan 2025 18:53:39 +0000



offset a position

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[2017-11-12 22:46:01]
User845611 - Posts: 13
I am new to elec. orders. If I have a position sold, can it be offset with a buy order to either close or cover? Is this the same as using the reverse button? (for the same # of contracts) In other words,does placing an order in the opposite direction flatten the existing order?
[2017-11-13 02:06:43]
Sierra Chart Engineering - Posts: 104368
Yes. You just need to enter an order with the opposite side as compared to the current Trade Position in order to close out or reduce the 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

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