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ATM strategy with stop and no target

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    ATM strategy with stop and no target

    I have set up an ATM strategy with no target. I thought I would be able to manually exit. When I attempt to do so I get the message "you cannot submit exit order to strategy until all entry orders has been filled".

    The mode I am in is selectactiveATMstrategy. After I enter order my ATM strategy stop enters the market. Then I attempted to manually enter target. When I manually attempt to enter target is when error occurs.


    Any help would be appreciated

    Sean

    #2
    ATM Strategies (Discrentionary Trading)

    Hello Sean,

    If you have an open position without a strategy, you need to add a limit and stop order to protect the position.

    - Set strategy to <none>
    - Right click in the DOM and enable OCO order
    - Then place a limit order where you want to exit at a profit
    - Then place a stop order where you want to exit at a loss
    - Then right click again and disable OCO order

    Let me know if this works for you.

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