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Move stop loss after profit target is reached
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Move stop loss after profit target is reached

  #1 (permalink)
Elite Member
Keller, Texas
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 7 since Feb 2012
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Move stop loss after profit target is reached

Is it possible to move my stop loss after a profit target is reached? For example if I have 2 contracts going long with 1 target at 10 ticks and 1 at 25, when the first one hits it's target, move the stop loss to break even.

Any help would be appreciated.
Thanks!

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  #2 (permalink)
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  #3 (permalink)
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Manta, Ecuador
 
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tbird View Post
Is it possible to move my stop loss after a profit target is reached? For example if I have 2 contracts going long with 1 target at 10 ticks and 1 at 25, when the first one hits it's target, move the stop loss to break even.

Any help would be appreciated.
Thanks!

I am only guessing you are talking about a trading platform, NinjaTrader, so I've moved your thread to the right section.

Mike

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  #4 (permalink)
Market Wizard
Sarasota FL
 
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If you are in NInjaTrader, go into the Help and locate the topic for ATM (Automatic Trade Management). There is a prolonged discussion of stop rules that can be set to automatically trigger, including the case you are asking about.

Bob.

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