a trade once I scale In / enter with no targets or stops already in place. So I guess to simplify my question, I need some help please as to how do I add a place I want to place my stop and or targets if I enter a trdae with no stops or exits for targets upon entry. And also, say I enter a trade on one contract and then scale in on another contract, but want to set 2 different stops and 2 diferent targets ? Thanks for the help - Mike
@mdsvtr, just place a stop order for SL ad a limit order for TP , on price u want them.
Example: if u sell ES at 1217,50, put a buy stop order at 1219,50 for 8 ticks SL, and a buy limit order 1215,50 for 8 ticks TP, viceversa for a buy order.
i would place the entrys always WITH an attached initial target + Stop (using an ATM)
i would choose this target + stop initialy a bit more far away + then move it to the place i like them to have - doing this manualy in the chart-trader.
for my idea this is the most comfortable way because i enter only once, have all thing in at once + then only have to move the stuff arround.
and if i scale in later i have again all things in place by 1 click + can move target + stop to other values.
Last edited by max-td; November 5th, 2010 at 04:07 AM.