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Date/Time: Fri, 22 Nov 2024 04:27:42 +0000



Post From: Flatten button reverses FXCM position (due to "Force Open") inst

[2013-04-05 01:49:08]
Rainer - Posts: 109
When pressing Flatten button on SC, it Reverses all open positions.
This (I assume) is due to, as the Flatten Button sends the reciprocal order to the server [according to SC user manual] and since my FXCM account is set up to "Force Open" (FXCM calls it 'Hedging turned on') this creates another open order; result= two open positions.
How can SC buttons be reconfigured to actually EXIT a trade?
Or can SC be configured to accept accounts with "Force Open" (hedging turned on) enabled and hence treat its Flatten button different?
And I guess the Reverse Button would then be even worse as you end up with three open positions (with accounts that have "Force Open" enabled)
Please advise.