Bracket Orders in CTS - CTS T4 | futures io social day trading
futures io futures trading


Bracket Orders in CTS
Updated: Views / Replies:3,588 / 20
Created: by Maik Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Bracket Orders in CTS

  #1 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received

Bracket Orders in CTS

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.

Reply With Quote
The following user says Thank You to Maik for this post:
 
  #2 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received

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

Reply With Quote
The following 3 users say Thank You to josh for this post:
 
  #3 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received



josh View Post
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?

Reply With Quote
 
  #4 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,388 since Jul 2012
Thanks: 1,138 given, 4,387 received
Forum Reputation: Legendary


Maik View Post
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..

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #5 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received


kevinkdog View Post
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.

Reply With Quote
The following user says Thank You to Maik for this post:
 
  #6 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received

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?

Reply With Quote
The following user says Thank You to Maik for this post:
 
  #7 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received

Up!

Reply With Quote
 
  #8 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,220 received


Maik View Post
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:

https://futures.io/brokers-data-feeds/25772-cts-t4s-brian-murphy-director-busine...ing-ask-me-anything.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #9 (permalink)
Trading Apprentice
Madrid, Spain
 
Futures Experience: Advanced
Platform: Stellar Trading, CTS
Favorite Futures: Futures
 
Posts: 7 since Jul 2013
Thanks: 3 given, 4 received



Thank you Mike.

Reply With Quote
The following user says Thank You to Maik for this post:
 
  #10 (permalink)
Market Wizard Apprectice
New York City, USA
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, CL, 6E
 
futurestrader1's Avatar
 
Posts: 147 since Jul 2010
Thanks: 81 given, 40 received

worst platform ever


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.

Reply With Quote
The following user says Thank You to futurestrader1 for this post:

Reply



futures io > > > > Bracket Orders in CTS

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TWS Problem creating bracket Orders Zwaen IB Trader Workstation 3 September 13th, 2012 01:09 PM
Ninjatrader Bracket orders 393mach1 NinjaTrader 19 March 6th, 2012 10:08 AM
CQG Trader - Bracket Orders for free? Malvolio CQG 11 September 25th, 2011 01:39 PM
NT7 Bracket orders turkmay NinjaTrader 2 September 17th, 2011 05:58 PM
Catching breakouts using OCO stop limit bracket orders for entries dennho Traders Hideout 4 October 1st, 2010 09:51 AM


All times are GMT -4. The time now is 01:56 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.12 seconds with 19 queries on phoenix via your IP 54.92.201.232