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Date/Time: Sat, 08 Feb 2025 21:58:27 +0000



Post From: Stop Loss fixed based on Amount in Currency

[2020-07-21 10:43:36]
AD544 - Posts: 64
Hello,

Is there a way to set up the stop loss based on fixed amount of money?
Let me explain:

I am long the MNQ with 3 contracts with a stop loss of 30 points for each contract, that's 180$
At a certain point I add 2 more contracts, so my total long position is based on 5 lots.

The problem is that if I add 2 more contracts the stop amount will rise to 300$ due to the fact that I am now with 5 contracts
I would like to have the possibility to fix the stop loss with the same amount that I had with 3 contracts that's 180$

So if I am long 5 lots the stop should rise from previous position at the amount of 180$

Is that possible?
Date Time Of Last Edit: 2020-07-21 10:46:10