Support Board
Date/Time: Mon, 10 Mar 2025 07:07:53 +0000
Post From: Multiple attached order issue w/ averaging entry price
| [2022-03-14 04:34:55] |
| User414533 - Posts: 106 |
|
I think I've come up with a manual workaround. Tell me if this is the best I'm going to be able to do without having something programmed. Buy Order #1 @ 4500 Buy Order #2 @ 4700 Avg. price is 4600. I decide at the time of execution that I want my PT on #1 @ +300 pts. Then another trade sets up while #1 is still working. I determine that I want #2's profit target at +500 pts. Since the parent order line will now be at 4600, if I drag my trade #2 PT line to where it reads "+500 pts.", it will actually be at +400 since it's reading from the averaged parent order line of 4600, not trade #2's actual fill point of 4700. So here's my workaround: I pull the #2 PT line down next to the order fill marker noting the value (in the previous example it would read +100), then I just add that value in my head with the actual PT I'm shooting for. So 500 pts + 100 pts reads 600 pts on the PT order line. This sets my ACTUAL PT limit at +500 pts. from the #2 trade's individual entry point. Not going to be perfect, but I think I can live with it. Is this the best I can do if I want discretionary PT's set on multiple trades at varying levels, that are open at the same time -- that doesn't require me to trade off two accounts? |