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Problem with profit target
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Problem with profit target
Hi. I´ve been testing an ATM strategy but have noticed that when the price reaches the profit target the position won´t close until it actually surpasses that target. How can I fix this or how can I set it up so I can take my profit as soon as the price reaches my target?Tags: None
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Hello anamaria0589,
Thank you for your inquiry.
The Profit target for your ATM Strategy is a Limit Order type. A Limit Order will only be filled if the price reaches the specified limit price. Please note, the market can move to the limit price, and the order may still not get filled, if there is not enough volume, depending on the trade direction at that particular price level. The market may touch your Profit Target but if there is not enough volume at that price level it may not fill.
Please let us know if we may be of any further assistance.Jermaine S.NinjaTrader Customer Service
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