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Date/Time: Mon, 17 Mar 2025 02:03:12 +0000



Post From: Problem with “Move stop to Break-Even” when using “Use Theoretical Position Average Price”

[2022-05-28 13:25:12]
Rui S - Posts: 198
Hello Support.

Despite the long learning curve of Sierra software, I want you to know I am not the kind of user to reach to you and ask for help for anything without previously research thoroughly for the information I need. So far I have been able to resolve all the problems I had by myself.

This time though I can’t find a solution for something I really need and supposedly Sierra software offers to the customers.

Explaining my problem:

I always use the option “Use Theoretical Position Average Price” in my trading, which is a great feature (I just wish it would also include the trade commissions, but it’s not my point here).

My problem is when working with the “Move stop to Break-Even” feature.

As a day trader and trading a very fast instrument, very often I scale in and scale out of a position - without closing the position. I have Support Scale in / Out options selected as well.

What happens is, Sierra seems to lose track of my Theoretical position average pricejust in what regards to this feature “Move stop to Break-Even” – and when moving the stop order to BE, it always goes to a very different price than the one it should have gone (to the actual Theoretical Position Average Price I see in my screen, which is the one I rely on to manage my trades).

I assure you that I have researched a lot and have made a lot of testing before reaching to you, but couldn’t find any solution for this.

Please advise or do something to correct this issue.