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how to add a profit target while already in a trade?
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Hello cowboyss,
Thank you for your note.
A profit target in an ATM strategy is a Limit Order placed above the market on the Sell side.
If you are using Chart Trader and are in a long position, place a Sell Limit Order by right-clicking the chart at the desired price above market, then select Sell Limit <quantity> @ <price>. For example: Sell Limit 1 @ 123.45 would place a sell limit order for 1 contract at $123.45.
Also, here is a link to the help guide on Submitting Orders within Chart Trader. Please refer to the section 'How to submit an order'.
http://www.ninjatrader.com/support/h...ng_orders4.htm
Please let me know if I can be of further assistance.Chelsea B.NinjaTrader Customer Service
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Originally posted by NinjaTrader_ChelseaB View PostHello cowboyss,
Thank you for your note.
A profit target in an ATM strategy is a Limit Order placed above the market on the Sell side.
If you are using Chart Trader and are in a long position, place a Sell Limit Order by right-clicking the chart at the desired price above market, then select Sell Limit <quantity> @ <price>. For example: Sell Limit 1 @ 123.45 would place a sell limit order for 1 contract at $123.45.
Also, here is a link to the help guide on Submitting Orders within Chart Trader. Please refer to the section 'How to submit an order'.
http://www.ninjatrader.com/support/h...ng_orders4.htm
Please let me know if I can be of further assistance.Last edited by cowboyss; 02-13-2013, 11:43 AM.
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Hello cowboyss,
Thanks for your reply.
If you are using the SuperDOM and are in a short position, place a Buy Limit Order by left-clicking on the desired price below the market on the Buy (left) side of the SuperDOM.
To answer your question, yes, if you are in a short position entered at 1500, place a Buy Limit Order by left-clicking the Buy (left) Side of the SuperDOM at 1495.
Below is a link to the help guide on Submitting Orders within the SuperDOM. Please refer to the section 'How to submit a limit order'.
http://www.ninjatrader.com/support/h...es/nt7/sub.htm
Please do not hesitate to contact us for any other NinjaTrader inquiries you may have.Chelsea B.NinjaTrader Customer Service
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Originally posted by NinjaTrader_ChelseaB View PostHello cowboyss,
Thanks for your reply.
If you are using the SuperDOM and are in a short position, place a Buy Limit Order by left-clicking on the desired price below the market on the Buy (left) side of the SuperDOM.
To answer your question, yes, if you are in a short position entered at 1500, place a Buy Limit Order by left-clicking the Buy (left) Side of the SuperDOM at 1495.
Below is a link to the help guide on Submitting Orders within the SuperDOM. Please refer to the section 'How to submit a limit order'.
http://www.ninjatrader.com/support/h...es/nt7/sub.htm
Please do not hesitate to contact us for any other NinjaTrader inquiries you may have.
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