Seperating Stop Orders

[BrandonLG83]

I'm curious how I can separate stop orders once I am in a position. Let me explain: When I enter into a trade, I initially place a stop order for the entire position - 3 lots - all at the same price to exit all if the trade goes bad. Once a trade is underway and moving in my direction, I want to trail each lot at different prices. For example, 1 lot I might want to trail 1 point under a trendline while another under the last swing and another set to breakeven. The problem is when I initially place the stop order, it is bundled into one lump order, and I don't know how to separate it. I have been just submitting a new order and then adjusting the size of the initial order, but if the market is moving fast, a mistake can occur. How can I best achieve what I am trying to do?

Thanks!

[NinjaTrader_Jason]

Hello BrandonLG83,

You would enable 'Target 3' in your ATM strategy and you will be able to submit three separate stop losses. Subsequently each stop loss can use a different stop strategy.

[BrandonLG83]

Hi, Jason. Thanks for your reply. I've tried enabling the 3 targets, but it still bundles it into 1 order as far as I can see. I should mention that I prefer to move my stops manually. So how do I move one stop order up manually and independently of the other 2 stops?

[NinjaTrader_Jason]

Yes, you will see the order with a size marker that states '3s'. If you right click in the buy or sell column next to the size marker, you could cancel each order individually or setup and enable a stop strategy.

Unfortunately you cannot modify individual orders in this situation. If you require manual modification of the stop loss orders, I suggest to submit them at different prices.

[BrandonLG83]

Oh, okay. I appreciate your help!