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TradeStation OCO


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TradeStation OCO

  #1 (permalink)
lrc11239
Brooklyn NY USA
 
Posts: 27 since Jul 2019
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Break even OCO at entry


Am I missing something in the Matrix order bracket. Is there a break even OCO tab that I can use when I enter my orders?? I would to use it with my bracket orders.

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  #2 (permalink)
 
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 numberjuani 
Agoura Hills, CA USA
 
Experience: Advanced
Platform: Tradestation&Multicharts
Broker: TradeStation
Trading: Futures & Equities
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lrc11239 View Post
Break even OCO at entry


Am I missing something in the Matrix order bracket. Is there a break even OCO tab that I can use when I enter my orders?? I would to use it with my bracket orders.

Many thanks



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Enter it as a strategy, go studies > add strategy > breakeven stop then enter the amount that will trigger it and wether that amount is per contract or for the entire position, dont forget to enable automation

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  #3 (permalink)
lrc11239
Brooklyn NY USA
 
Posts: 27 since Jul 2019
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numberjuani View Post
Enter it as a strategy, go studies > add strategy > breakeven stop then enter the amount that will trigger it and wether that amount is per contract or for the entire position, dont forget to enable automation



Thank you !!


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 numberjuani 
Agoura Hills, CA USA
 
Experience: Advanced
Platform: Tradestation&Multicharts
Broker: TradeStation
Trading: Futures & Equities
Posts: 128 since Apr 2019
Thanks Given: 9
Thanks Received: 102

If it were me I would use a “trailing stop” strategy, set to keep 10% or 5% of the profit after the threshold. That way it’ll be like a break even stop, that pays for commission and slippage. Breakeven will still cost you slippage and commission not really having a “breakeven” effect

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  #5 (permalink)
lrc11239
Brooklyn NY USA
 
Posts: 27 since Jul 2019
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numberjuani View Post
If it were me I would use a “trailing stop” strategy, set to keep 10% or 5% of the profit after the threshold. That way it’ll be like a break even stop, that pays for commission and slippage. Breakeven will still cost you slippage and commission not really having a “breakeven” effect



Yeah I use a trailing stop as well. I use this system and works very well.






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