Support Board
Date/Time: Mon, 24 Feb 2025 22:05:59 +0000
Flatten position when max loss met
View Count: 783
| [2021-03-25 16:26:33] |
| RDC - Posts: 9 |
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I trade us stocks under cfd with ib broker. Will Sierra chart auto flatten open positions through tws when loss rule met? So it has locked me out and left stop orders in place which is great. But I would like to trade without stop orders as ib told me today they do sell retail orders trading cfd’s
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| [2021-03-25 17:04:10] |
| John - SC Support - Posts: 38146 |
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Refer to the information here: Global Profit/Loss Management For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2021-03-25 18:16:07] |
| RDC - Posts: 9 |
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i have tested this on simulation its fine, but i just want clarity nflx-cfd-smart-usd glbal stop loss met means position open should be closed following all the right steps. over a year ago this failed and made a huge loss |
| [2021-03-25 18:51:22] |
| John - SC Support - Posts: 38146 |
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We do not know why it failed previously, so we certainly can't say anything about that. You just have to make sure you have your settings set properly. You have also done the right thing by checking to make sure that it works as you expect in Simulation mode. Therefore, it should work the same way in live trading. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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