How to add or remove targets
If you have an active ATM Strategy displayed in the Basic Entry window, you can add or remove targets. For example, you may have a 2 contract position with 1 Stop Loss and Profit Target for 2 contracts each. You may decide to split this target (add target) so that you can exit the final contract at a higher price. You can add or remove a target via the right mouse click context menu when an active ATM Strategy is selected in the strategy control list.
It is important to understand the following logic:
|•||You can have a maximum of 3 Profit Targets (if you had 3 Profit Targets and the first two Profit Targets are filled you can not split the 3rd target) |
|•||If you have 1 Profit Target and you remove a Profit Target, you will be left with a Stop Loss order only |
|•||New Profit Targets are added 4 ticks from your current outside Profit Target for futures, $0.20 for stocks |