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Different Profit Target and Stop Loss Order


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Different Profit Target and Stop Loss Order

  #1 (permalink)
xoxo2013
Malaysia
 
Posts: 3 since Jan 2014
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Hi, i have a question on how to set multiple profit target and stop loss with ToS platform.

I currently long 2 contracts, if i would like to sell both contract at different profit target and set both with the same stop loss, is it possible? if anyone know how this can be done do let me know.

Thanks.

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  #2 (permalink)
tomczr
Olomouc, CZ; Canaries, ES; Wien, Austria
 
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It is possible for sure to have different PTs for each contract. I was using in Active Trader in Chart. Dont remember exactly how to set it up (I have no TOS token now with me to log in).

Try enable Active Trader in Chart -> Templates -> OCO with 2 brackets -> now u can set up different PT and even SL for each contract of two... this should be the way how to do it next time. I hope I remember it well :-)

If u are already long 2 contract with no PT&SL, there should be option to add OCO bracket additionaly when u right-click on blue dot next to the contract in Monitor -> Activity and Positions -> Position Statement.

U should watch all the videos in TOS Learning Center :-) Type to google "TOS learning center" -> open webpage -> Tutorial Videos (not possible to send this post with link).

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  #3 (permalink)
xoxo2013
Malaysia
 
Posts: 3 since Jan 2014
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Yea I normally use AT but forgot to apply the OCO bracket when i put the order the other day.

So yeah, I got it by using the second method by manually adding 2 separate OCO orders for each contracts
Thanks for the idea

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Last Updated on January 24, 2014


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