Support Board
Date/Time: Sun, 24 Nov 2024 09:54:21 +0000
trade execution clarification
View Count: 1265
| [2013-10-02 18:14:33] |
| tubular2000 - Posts: 17 |
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i've just started using SC to trade with IB. i'm questioning myself about the order execution. if i buy 1 ES contract and use the Flatten button, SC will close my order, right? if i buy 1 ES contract and 5 minutes later, buy another contract so that i have 2 long position, if i want to close the last position entered, do i click the sell mkt button for 1 contract? will SC send a close order for my last entry or try to open a short position and get an error because i can't be long and short at the same time? does IB knows that when i have a long position open and send a sell order that it is actually a close order? is there a setting to set to make sure SC understand that i don't want to edge when i use the sell button with an active long position? |
| [2013-10-02 22:03:32] |
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1. Yes. 2. Yes. You will use the Sell Market button. 3. In the case of futures, your existing position will be reduced by 1. It will not open a short position. 4. Interactive Brokers properly adjust the position based upon the new order fills. You will always have only a single position. 5. Sierra Chart does not support hedging so there is no setting for this. 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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