Support Board
Date/Time: Wed, 25 Dec 2024 16:30:07 +0000
Post From: two idential TradeDOM's tracking separate positions of same contract
| [2015-11-08 17:44:25] |
| Willem - Posts: 6 |
|
thxs for your consideration. There are several reasons for this added functionality. First, this is the best way to monitor being both short and long the same contract at the same time. Imagine having a long position that you are nursing over a longer time period, wanting to see it through a greater trend excursion, but keenly aware of impending pullbacks and short term reversals. It is far more highly desirable in such circumstances to simply sell short against that position for a shorter term pullback hedge than actually liquidate the current long position. Another reason to go to a 2nd chart with a later, additional position is the intent to manage that 2nd position differently from the beginning, probably with a different ATM strat, and therefore to 'see' it more clearly and separately from the first. ...all the better then to have it on a 2nd price ladder altogether.
|