Bracket Orders in CTS

August 1st, 2013, 07:28 AM

Hi all!

Is it possible to configure bracket orders in CTS? With TP and (or not) SL associated to an order?

i.e. if I got filled at 3.00, set my profit at 3.20 and NO SL, or, set my profit at 3.20 and SL at 2.90.

Is this possible right now?

Thanks a lot.

August 1st, 2013, 11:19 AM

You can use the AutoOCO order type to set the bracket along with the entry order. You can also use a standard OCO order for just the stop and the limit. If you are unsure how to do this, see the user guide here

August 1st, 2013, 12:29 PM

josh

You can use the AutoOCO order type to set the bracket along with the entry order. You can also use a standard OCO order for just the stop and the limit. If you are unsure how to do this, see the user guide here

Thank you for your answer Josh.

Yes, I know how to use OCO or AutoOCO order, but, correct me if I'm wrong, with that kind of orders, you always have to set a SL.

Dependind on the product I'm trading, and the strategy, sometimes I don't set an stop loss order automatically.

Is there any way to do this?

kevinkdog · August 1st, 2013, 02:29 PM

Maik

Thank you for your answer Josh.

Yes, I know how to use OCO or AutoOCO order, but, correct me if I'm wrong, with that kind of orders, you always have to set a SL.

Dependind on the product I'm trading, and the strategy, sometimes I don't set an stop loss order automatically.

Is there any way to do this?

Make the stop loss ridiculously far away from your entry, which is nearly the same as no stop loss at all.

I do this sometimes with some profit targets - they are way far away from entry, since I don't want them..

August 1st, 2013, 03:05 PM

kevinkdog

Make the stop loss ridiculously far away from your entry, which is nearly the same as no stop loss at all.

I do this sometimes with some profit targets - they are way far away from entry, since I don't want them..

That's the decission I have made, but... it's not a serious solution.

August 2nd, 2013, 05:58 AM

Another question guys... I promise to be the last one

Some products (like Wti/Brent) don't allow me to use OCO/AutoOCO orders. Is it something I have to talk to my clearing or it depends on the platform?

August 5th, 2013, 06:11 AM

Up!

August 13th, 2013, 08:41 PM

Maik

Another question guys... I promise to be the last one

Some products (like Wti/Brent) don't allow me to use OCO/AutoOCO orders. Is it something I have to talk to my clearing or it depends on the platform?

Ask here:

CTS T4's Brian Murphy (Director of Business Development) - Ask Me Anything (AMA)

Brian Murphy, the Director of Business Development at CTS, will be monitoring this thread so that he may answer any questions that you post here relating to CTS products and services.

Please keep in mind that some customer service/technical support issues …

Mike

August 14th, 2013, 06:36 AM

Big Mike

Ask here:

CTS T4's Brian Murphy (Director of Business Development) - Ask Me Anything (AMA)

Brian Murphy, the Director of Business Development at CTS, will be monitoring this thread so that he may answer any questions that you post here relating to CTS products and services.

Please keep in mind that some customer service/technical support issues …

Mike

Thank you Mike.

August 15th, 2013, 11:53 PM

I have downloaded the T4 platform for use and learning. This is the worst platform I have ever seen and can't figure out how to even place a single trade on demo/sim.

Bracket Orders in CTS

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Bracket Orders in CTS