I am new to forex and am trying out different setups in NT8 Simulator and Market Replay. The problem I am running into is this:
Let's say I do a long trade and have 10 ticks of profit. If I do a buy market order of 10,000 lot and 'close' the position after it reaches + 10 ticks, everything works well. I get 10 ticks of profit and the 10,000 lot position is closed. In my Executions window I see a Sell of the whole lot amount.
If I use an ATM strategy that has a profit target of 10 ticks, when the profit target is hit, it seems to start selling in 4-5 quantity increments, In my execution window I see thousands of entries ranging from 1 to 7 in size. And it seems to charge the spread commission on each of those executions so that I ended up with thousands in commission charged to my sim/playback account.
What am I doing wrong?
Any help appreciated.
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