Support Board
Date/Time: Tue, 26 Nov 2024 15:40:19 +0000
Post From: Scale-In order layer
| [2023-08-29 23:00:10] |
| User190501 - Posts: 93 |
|
Hi SC support, I enter using a layer of limit orders-- assume 5 buy limit orders separated each by 5 ticks - I assume that if the price fills the nearest, given that I have all the scale-in setup and also there is attached orders etc... When first near limit buy order fills , then you have already a position with quantity 1 and two attached a target and a stop... When price lowers and fills any additional from my orders submitted "BEFORE" the first order fills then Scale-In doesn't work ?? If I don't place any limit orders in that layer and wait until I fill the FIRST limit order - and then I submit a layer of buy limit orders, then Scale-In works as expected and also Scale-Out .. Is this expected that Scale-In works only for orders submitted "AFTER" there is already an existing position ? Is the timing of order submission a factor to execute the scale in .. If all limit orders are submitted as non filled and price fills the nearest then there is a non-zero position and attached order, I expect the other residing non filled when filled will be scaled in , now I have to submit after I have a filled position which is not convenient in a fast market while u layer the orders on the limit ? Kindly advise ... Thanks a lot |