order management only for retail traders?

Discussion in Psychology and Money Management

Updated December 21, 2012

1,514 views
0 thanks given
1 followers

Search this Thread

order management only for retail traders?

shzhning · 2012-12-21T09:44:13-05:00

This is a question that has puzzled me for some time. Popular platforms among retail traders like Ninja/Sierra/Multichart all offer order management tools such as multiple targets, move stop to breakeven. Strangely they're not found in platforms that more or less geared toward professional traders such as CQG/CTS. Is it because professional trader do not care about order management? Or they have more sophisticated tools that I'm not aware of?

December 21st, 2012, 09:44 AM	#1 (permalink)
shzhning Madison, NJ Elite Member Experience: Intermediate Platform: CQG/TOS Broker: Optimus/CQG Trading: ZN/TN/ES/NQ Posts: 134 since Jun 2010 Thanks Given: 65 Thanks Received: 112	This is a question that has puzzled me for some time. Popular platforms among retail traders like Ninja/Sierra/Multichart all offer order management tools such as multiple targets, move stop to breakeven. Strangely they're not found in platforms that more or less geared toward professional traders such as CQG/CTS. Is it because professional trader do not care about order management? Or they have more sophisticated tools that I'm not aware of?