Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Best way to exit a trades that have ATM and Stop?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Best way to exit a trades that have ATM and Stop?

    I'm still practicing with NT and all its features. I like it a lot. A question about exiting a trade that was entered through the Basic Order Box with ATM Stop loss, Profit target, and Trailing stop stop strategy. If I decide that a trade is going "sour" and I want to get out immediately, closing the open position, cancelling all the targets, etc., is there a recommended way of doing this. If I entered with a buy and am long I have seen that I can immediately get out of the trade by doing either a Sell Market or a Close in the Basic Order box. Both these methods seem to close out the position and cancel all pending targets, etc. Is this correct? Is there a preferred way of doing this? Is one preferable to the other? Are there any hidden "dark sides" to doing it this way? Any other ways of doing this that I might not be aware of? Thanks.

    #2
    Pressing the "CLOSE" button is the way to go. Additional information can be found here - http://www.ninjatrader-support.com/H...nStrategy.html
    RayNinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by jxs_xrj, 01-12-2020, 09:49 AM
    6 responses
    3,290 views
    1 like
    Last Post jgualdronc  
    Started by Touch-Ups, Today, 10:36 AM
    0 responses
    7 views
    0 likes
    Last Post Touch-Ups  
    Started by geddyisodin, 04-25-2024, 05:20 AM
    8 responses
    61 views
    0 likes
    Last Post NinjaTrader_Gaby  
    Started by Option Whisperer, Today, 09:55 AM
    0 responses
    8 views
    0 likes
    Last Post Option Whisperer  
    Started by halgo_boulder, 04-20-2024, 08:44 AM
    2 responses
    24 views
    0 likes
    Last Post halgo_boulder  
    Working...
    X