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ATM strategy without a stop loss order possible?


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ATM strategy without a stop loss order possible?

  #11 (permalink)
 RichardHK 
Hong Kong
 
Experience: Intermediate
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sam028 View Post
... ... In this case, the stop loss parameter in the ATM has to be large enough to never been touched that's all.

Yes, like a catastrophic stop set well away from volatile swings - so never touched unless we are distracted and do not take trade off on a strong opposite signal.

But would still be careful with equities that may be hit by flash-crash type HFT shenanigans. Some advocate no hard stop at all in these cases.

Richard
Hong Kong
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  #12 (permalink)
 
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 shodson 
OC, California, USA
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RichardHK View Post
C'mon... the original poster is also 'Advanced' and he's asking question cos a simple 'leave stop loss field set to 0' does not work. NT demands an entry. Oddly, if you enter 0 for profit target it will accept it, but when you run ATM it still enters a stop!

Try it in SIM to verify.

Sorry, I was just guessing, I never trade without stops. That's why I said "try it in SIM" because I wasn't sure if that actually worked or not.

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  #13 (permalink)
 RichardHK 
Hong Kong
 
Experience: Intermediate
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shodson View Post
Sorry, I was just guessing, I never trade without stops. That's why I said "try it in SIM" because I wasn't sure if that actually worked or not.

No sweat friend. I am happy my hurried comment didn't upset you, and should not have bothered you. Wishing you well.

Richard
Hong Kong
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Last Updated on June 23, 2013


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