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    ATM strategy problem

    Beta20 -reversing with two contracts leaves me with four as a stop loss
    raycam

    #2
    Hello raycam,

    Can you please tell me how exactly you reverse your position.

    Am I correct you have 'Rev at stop' enabled - it will be available after you enabled 'Advanced options' in the SuperDOM (right click)? If so, your stop loss will have a quantity of 4 when using 2 contracts. 2 contracts are used to closed out the current position and the other 2 contracts will put you in a reverse position.

    If you do not use 'Rev at stop', the stop loss should list 2 contracts. I tested it on my end without using 'Rev at stop', however I could not reproduce the 4 contract stop loss. Please let me know what exact steps you perform if you are not using 'Rev at stop'.

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      #3
      Thanks-
      I have a 2 contract ATM with separate profit targets and separate trailing stops. Today I entered short and the chart trader displayed the three lines of a stop loss for 2 contracts and two separate profit targets lower down. Because I am in SIM I thought I would try hitting the REV button to reverse the trade.
      It reversed but I had 4 contracts as a stop.
      raycam

      Comment


        #4
        Can you please tell me if you can reproduce the issue when using the same ATM strategy?

        Did the Control Center-->Orders-tab list 4 contracts as well?

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