ATM strategy is not available to me.
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how to add profit taking position w/o ATM?
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how to add profit taking position w/o ATM?
if I am in a trade and have a stop loss in place, how can I also add a profit taking position?
ATM strategy is not available to me. -
Hello Cowboyss,
Thank you for your post.
You will want to add an additional order on the opposite side of the market at the price you desire to exit for a profit. If you are using the SuperDOM, just left click at the price you want to take profit in the column of the opposite side of the market (if you are long, right column, if you are short, left column).
However, I am assuming if you are not able to use ATM strategies, due to your license type, you will also not be able to use OCO (one cancels other) so you will have to manually close the stop loss after your profit target has been filled, otherwise the market could shift and re-enter you at your stop loss.
If you have paid for a license key, let me know, so I can provide instructions on how you can use OCO for this set-up.Last edited by NinjaTrader_James; 02-25-2013, 10:49 AM.
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