How to add new target and stop orders to current position

[dr0832]

A couple times while in a trade I have tried to sell part of my position and then for some reason my stop and target limits are being canceled. Once this occurs I am unable to add another stop and target. I have tried to go into the AMT to do it. I have also tried to right click on the pnl and add a target. Is there a way to add a new stop and target limits once you are already in a position using chart trader?

[NinjaTrader_EricB]

Hello,

Thank you for your post.

If you have an open position and you wish to add a limit and stop order to protect the position please follow these steps:

• In the ATM Strategy drop down menu, set it to a value of "none"
• Right click in the SuperDOM or Chart Trader and enable OCO order placement by selecting the menu "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 select the menu "OCO Order" to disable the OCO order placement
• Now you have a target and a stop placed protecting your open position, and when one of these orders is filled the other will be canceled automatically.

To add an ATM strategy to an unprotected open position, please follow the steps below.

• Select the Positions tab of the Control Center.
• Right click on the position.
• Select Apply ATM Strategy and then select the desired ATM.
• Now your position will have ATM applied to it.

Please let us know if we may be of further assistance.