I can't seem to make this work...help!
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ATM settings assisitance
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ATM settings assisitance
I am trying to set a very simple ATM, but can't seem to make it work. What I am trying to do is make an ATM to trade long or short with a stop loss of 8 ticks....I am trading 2 contracts....I want 1 contract to take profit at 3 ticks, and second to take profit at 6 ticks....however....once the first contract takes the 3 tick profit, I want the remaining stop loss to move up to a 2 tick stop loss.
I can't seem to make this work...help!Tags: None
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Hello usdivers,
Thank you for the follow-up. My apologies, I mistakenly set this up to trade 3 contracts. Simply change your quantity to 2, also set the second target's quantity to 1 so that each target only acts on one contract.
If questions come up or if we may be of any further assistance, please let us know.
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still need help
so if you see the pictures, this is where I am at the moment. Profit targets appear to be working, however the big problem are the stop loss.
After the first 3 tic profit is taken, its stop loss should disappear, and then the second one that is left should automatically go to -2 stop, however, what is happening is that the stop loss still stays at -8.
see pics, anyone have any idea to fix it?
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