Trade Creation Logic

[wadams]

There's a gap in my understanding of how Trades get created when scaling in and out (or when slippage occurs).

Scenario:
- Intention is to buy and then sell 15
- Buy order for 10 filled at 100
- Buy order for 5 filled at 101
- Sell order for 7 filled at 110
- Sell order for 8 filled at 109

How many Trades are added to the TradeCollection? What are the entry and exit executions for each Trade?

[NinjaTrader_ChelseaB]

Hello wadams,

Each unique entry will start one trade, each exit that exits an entry will become one trade.

The first 7 would be one trade.
The next 3 would be one trade.
The next 5 would be one trade.

[wadams]

Okay, I think I understand things now. Just to be sure, does the list of trade and execution details below look correct?

EntryExectionQty	EntryExecutionPrice	ExitExectionQty	ExitExectionPrice
7	100	7	110
3	100	3	109
5	101	5	109

Thanks in advance, sorry for the homework.

[NinjaTrader_ChelseaB]

Hello wadams,

Yes, that would be correct.