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Strategy with entry as TIF and stops as GTC

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    Strategy with entry as TIF and stops as GTC

    Hello,

    This is what I need to do:
    I hold positions in the Futures markets over several days. I need to be able to place a BUY order with a corresponding Target and Stop. Should my buy price not be triggered within the regular trading hours then I need all three orders (BUY, TARGET, STOP) to be cancelled.

    *HOWEVER* should the BUY order be filled then I need my Target and Stop orders to be "GTC". And of course if the Target order gets triggered then the Stop order to be cancelled. And conversely if the Stop order gets triggered.

    Is it possible to create a strategy which does so? (please see screenshot). If not, what is the work around to accomplish this?

    Thank-you,
    Michelle
    Attached Files

    #2
    Hello Michelle,

    Unfortunately this is not supported. The TIF setting that is configured when you submit the entry order will apply to all three orders. It is not supported to create an ATM strategy that uses a different TIF setting than the entry order.

    I suggest to submit the orders as GTC and manually cancel the entry order before the end of the session if it did not fill.

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