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DOM that allows more than 3 profit targets for multibracket orders


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DOM that allows more than 3 profit targets for multibracket orders

  #11 (permalink)
 tgibbs 
Temecula, CA
 
Experience: Beginner
Platform: Ninja
Trading: CL
Posts: 145 since Sep 2012
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DavidHP View Post
Rather than get you involved in strategies why not do this:

Place an order on the NT DOM with multiple contracts.
Place the second and third targets where you want them.
But place the Third target at the longest target.

Then you can manually add targets anywhere between the entry and last target.

I have added 10 or more targets on the DOM or in Chart Trader where they show on the DOM.

The key is to add them one at a time while there are still contracts being traded.

The picture attached shows ONE contract with many targets.
When one of the targets is hit the DOM clears but if I had 10 contracts on,
the targets would stay until hit or stopped out.

I think maybe that is what you are seeking.

Just wanted to say thanks for posting this. I hadn't seen this capability talked about before but it works great for my longer distance targets.

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Last Updated on November 30, 2012


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