Placing a GTC Limit Order - ThinkOrSwim | futures io social day trading
futures io futures trading


Placing a GTC Limit Order
Updated: Views / Replies:761 / 1
Created: by mdsvtr Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Placing a GTC Limit Order

  #1 (permalink)
Membership Temporarily Revoked
Memphis,TN
 
Futures Experience: Advanced
Platform: ThinkorSwim,FXCM, Ensign Software
Broker/Data: ThinkorSwim, FXCM
Favorite Futures: Futures, Forex, Options
 
mdsvtr's Avatar
 
Posts: 232 since Sep 2010
Thanks: 853 given, 28 received

Placing a GTC Limit Order

Hi futures.io (formerly BMT) community,
I just started getting into Options heavily over the last few months and currently have a Demo Account with TorS

I'm still getting familiar with the Platform, entering Options trades and making adjustments, etc...

My question is...... How do I place a GTC Limit Order after I have entered a BullPut spread ?

Example:
I sell a $60/$62.50 BullPut for .70 cents
what I am wanting to do is..... As soon as I place the trade, I want to immediately set a GTC Limit Order to " Buy to close " my position for a 80% of max credit profit

Meaning, once I can buy to close my position for .14 cents ( thus realizing a profit of 80% of the max credit received )

just need some help or a few Screenshots please, of exactally how to implement this type of Stop on my Vertical/spread trades

Thanks for the help - Michael

Reply With Quote
 
  #2 (permalink)
Membership Temporarily Revoked
Memphis,TN
 
Futures Experience: Advanced
Platform: ThinkorSwim,FXCM, Ensign Software
Broker/Data: ThinkorSwim, FXCM
Favorite Futures: Futures, Forex, Options
 
mdsvtr's Avatar
 
Posts: 232 since Sep 2010
Thanks: 853 given, 28 received

Here is a screenshot of a trade in question....

This is a screenshot of the Order Entry with a GTC, and a Stop Limit ( of what I think is how to initiate the trade, to automatically close the trade ' As soon as I can Buy to close " the position for a profit of 80% of the max credit I received for initiating the trade


Hope this screenshot helps make clearer my question

Thanks for the help

Attached Thumbnails
Placing a GTC Limit Order-ipgp-correct-order-entry-.png  
Reply With Quote

Reply



futures io > > > > Placing a GTC Limit Order

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TradeStation - How to place an order of GTC duration veeyem TradeStation 5 September 9th, 2014 06:12 AM
Programming another limit order if order isn't filled? ericson NinjaTrader Programming 5 January 28th, 2014 06:50 AM
GTC stops instead of Day orders... free code for percent targets DAY help make GTC mslezak EasyLanguage Programming 2 August 7th, 2013 12:05 AM
ATM Strategy: Limit order & stop loss order at the same time in the market? DrE6 NinjaTrader 2 June 21st, 2013 02:12 PM
Time of Order Submission Limit Calculation / Conditional / Price Improvement Order CoopGeko IB Trader Workstation 0 September 17th, 2012 10:15 PM


All times are GMT -4. The time now is 07:41 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.08 seconds with 20 queries on phoenix via your IP 54.226.132.197