How to manage the contract end date?

[pandyav]

I am sure others have faced the same situation. One of the strategies I am using placed a trade for CL yesterday at the 90.97. The chart is attached. And the trade is profitable at the moment.

Now November CL's last contract date is Monday. But I do want to hold the position beyond Monday and I am not sure what should I do so that I still remain in the trade with the original entry price of 90.97 when the trading starts for CL December contract on Tuesday?

I'd greatly appreciate if someone can provide a step by step instruction on rolling over the position without getting rid of the position when trading stops for November contract. I've digging through the forum to find a good answer without much success.

Very much appreciate any help you can provide.

[sledge]

I am sure others have faced the same situation. One of the strategies I am using placed a trade for CL yesterday at the 90.97. The chart is attached. And the trade is profitable at the moment.

Now November CL's last contract date is Monday. But I do want to hold the position beyond Monday and I am not sure what should I do so that I still remain in the trade with the original entry price of 90.97 when the trading starts for CL December contract on Tuesday?

I'd greatly appreciate if someone can provide a step by step instruction on rolling over the position without getting rid of the position when trading stops for November contract. I've digging through the forum to find a good answer without much success.

Very much appreciate any help you can provide.

Let us know what the bill is to ship a barrel to your place

[sledge]

I am sure others have faced the same situation. One of the strategies I am using placed a trade for CL yesterday at the 90.97. The chart is attached. And the trade is profitable at the moment.

Now November CL's last contract date is Monday. But I do want to hold the position beyond Monday and I am not sure what should I do so that I still remain in the trade with the original entry price of 90.97 when the trading starts for CL December contract on Tuesday?

I'd greatly appreciate if someone can provide a step by step instruction on rolling over the position without getting rid of the position when trading stops for November contract. I've digging through the forum to find a good answer without much success.

Very much appreciate any help you can provide.

Check out this thread: http://www.ninjatrader.com/support/f...lover+strategy

[pandyav]

Thank you Sledge.

I am still trying to figure this one out. The last trading date for CL 11-12 is Mon, 10/22.

And I already have an open position in it that I want to carry forward to CL 12-12.

Does this mean that sometime on Monday evening (before 12 AM), I should load CL 12-12 chart and re-load the strategy?

The part that confuses me is that what happens to the position that I had in CL 11-12?

And I am purely guessing here that I'll have to select Tools > Options > Strategies > Ninjascript > Immediately Submit Live Historical Orders for the newly loaded strategy to submit the same working orders, is that correct?

Again very much appreciate your help on this one.