Stop & Reverse Order Flow

[mrlogik]

Hi guys,

My question pertains to a "stop and reverse" type order.

Assume the current market position is LONG for 2 lots.

Now, my strategy submits an EnterShortStop command for 2 lots. How does NT execute this?

Does it;
1. Does NT first submit a sell order to exit the 2 lots, then another sell order to go short 2 lots.
2. Does NT submit a sell for 4 lots so the overall position is short 2 lots?

Thanks for your help.

[NinjaTrader_JoshP]

It does #1 because it is needed to mark one order as sell and one as sell short.

[mrlogik]

Okay.

Thanks Josh.