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ATM Strategy: Limit order & stop loss order at the same time in the market?


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ATM Strategy: Limit order & stop loss order at the same time in the market?

  #1 (permalink)
 DrE6 
Germany
 
Experience: Advanced
Platform: Ninjatrader, Sierra Chart
Broker: DTN IQFEED, Continuum, ECN
Trading: FDAX, YM and Currency Futures, ECN-Forex, mainly 6E, 6B
Posts: 27 since Jun 2011
Thanks Given: 24
Thanks Received: 8

Hi Folks,

Is there a solution in Ninjatrader's ATM strategy (or with an external software) that I can place a limit order and a stop loss order at the same time in the market?

In fast scalping modes, I want to be sure, that when the order gets filled that there is already a stop loss in place before. Furthermore, I get a better time stamp for my SL order, which avoids very often higher slippage.

Thanks for helping and answering

DrE6

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  #3 (permalink)
 
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 trendisyourfriend 
Quebec Canada
Market Wizard
 
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Via the ATM? no way, Jose.

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