once i enter a trade (20 contracts on NQ) I have the ATM combine the stops, move them all to BE+1 at 4pts in profit. once the first target is hit i need to stop(s) for the remaining contracts go backwards from BE (breakeven) to where the stop/risk was during the initial entry based on my RM strategy. so once again all stops go to be+1 then when half the position is taken off, i need the stop for the remaining 10 contracts to go back to where i placed it originally.
i have been doing it manually for about 1 year now and im not as fast or accurate as the ATM can do it. As we all know the ATM can move to BE+1 in fractions of a second, well I also need it to be able to move the stop to BE -4 points just as quickly so i dont have to pickup the remaining stop then manually drag and drop it back.
so far i havent been able to find anything on the internet for the ATM moving the stop to breakeven then moving it backwards, it seems the ATM can only move stops in favor of risk, not against it. i need it to move against price (increase risk automatically, but in reality im not risking anything because half the postion would have been taken off already)
i will not explain or answer any questions on my strategy or risk management. Please keep all posts/answers/questions related to the ATM of NT7.
THANK YOU TO ALL WHO POST!
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