Overview
Closing a Position using a Stop Loss, Trailing Stop and/or Profit Target
...executions are reported as a result of calling an entry method. In lamens terms,
And another later on the page:
ByStrategyPosition - When this is selected, only one stop loss, trail stop and/or profit target order is submitted. As entry executions come in, the order size is ammended. The downside of this approach is that if you have partial fills, the orders are re-inserted into the exchange order queue. The upside is that if you broker charges you a per order commission (not per lot), you will not incur additional commission expenses.
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