_Stops_And_Targets question  [SOLVED]

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darob
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_Stops_And_Targets question

Postby darob » 28 Jul 2016

Hi,

When running a hard stop, target and trail, if a stop out occurs at the point where the trail overtakes the hard stop, do you wind up with a position in the opposite direction or does the strategy know just to cover? Is this a stupid question?

Portfolio trader is awesome, btw.

Thanks

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Henry MultiСharts
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Re: _Stops_And_Targets question  [SOLVED]

Postby Henry MultiСharts » 29 Jul 2016

Hello darob,

The orders are sent in an OCO group. If one order is filled - the others are cancelled. The filled order will close the open position, there should be no overfill/reverse.

darob
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Re: _Stops_And_Targets question

Postby darob » 29 Jul 2016

Thanks Henry. I've seen both stops at the same price during pullbacks several times so thought I'd better ask.


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