quick stop loss question

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Posts: 30
Joined: 08 Sep 2009

quick stop loss question

Postby LTG » 18 Sep 2009

I'm running an automated strategy where i've got built in entry and exit/reverse signals. I've also applied the built in strategy for "stop loss" to limit max drawdown in cases of rapid price movement.

My question is, if my strategy takes me long/short and that position gets reversed by my strategy, does the "stop loss" order get cancelled automatically or does it sit there for me to manually cancel it.

I think it requires manual cancellation, but not 100% sure.


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Postby TJ » 18 Sep 2009

if you are using the SetStopLoss keyword,
it is cancelled automatically.

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