NexusFi: Find Your Edge


Home Menu

 





Order Management Question


Discussion in NinjaTrader

Updated
    1. trending_up 2,337 views
    2. thumb_up 1 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

Order Management Question

  #1 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335

How do I associate the entry with the exit without using SetStopLoss or SetProfitTarget AND allow simultaneous trades that are managed separately inside a strategy.

Example:
1. Enter 1 contract based on some criteria without a stop or target.
2. Enter another contract at a later time without a stop or target.
3. Now I have 2 positions open at different entry prices neither of which have a stop or target defined.
4. Exit criteria is encountered for the entry described in paragraph 2. I want to exit that position leaving the paragraph 1 position in play.

So, in other words, I want to manage each trade independently.

I think what I'll need to do is store order information in an array...Can't believe NT doesn't have this ability and maybe it does and I just don't know how to do it.

I can't figure out how to do that...

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Cheap historycal L1 data for stocks
Stocks and ETFs
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
About a successful futures trader who didnt know anythin …
Psychology and Money Management
What broker to use for trading palladium futures
Commodities
 
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,465 since Jun 2009
Thanks Given: 33,242
Thanks Received: 101,665


I know this isn't directly answering your question, but have you seen:



Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on February 16, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts