Position Sizing - Scaling Out

[jh1962]

Hi,

If this has been answered, I apologize. Did not find it in a search.

When setting up a strategy, I would like to trade 3 contracts and have a stop set. No problem there. But what I can't figure out is how to scale out. I'd like to exit 1 contract at a profit target and then move the stop to breakeven on the other 2. At a certain point, if the trade continues to work, I'd like to exit the 2nd contract and then just trail the market for the final exit. How do I do this?

Thanks,

[NinjaTrader_Ben]

Hello,

Please review this link:

http://www.ninjatrader-support2.com/vb/showthread.php?t=3751

[jh1962]

Hi Ben,

Thanks for the prompt response. I actually did find that link in my earlier search. Does your referring me to this link mean that this cannot be done with the Strategy Wizard?

[NinjaTrader_Jason]

Hello jh1962,

You are correct in your assumption.