I trade Using the ATM which has a trailing stop. On a couple of occasions, as price pulled back to touch my trailing stop, but the position had not signalled close, I pressed close. A message came up to say that I could not close as the order was already in, then when the close came into effect with the ATM, I found that I had also been filled with the same number of positions in the closing direction, as my pressing of close had created an order. I then have to close these, usually with a small loss. Is there a way to stop this behaviour (that is, if the close order is already in, why does it need to fill me with another close order because I have pressed close), or should I be pressing FLAT?
Thanks
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