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1st Triggers Sequence of OCO. Possible?


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1st Triggers Sequence of OCO. Possible?

  #1 (permalink)
ry4n
Dallas, TX USA
 
Posts: 1 since Feb 2016
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Hello All. I have been at this since last night and cannot figure out how to make this order happen. I am pretty sure it cannot be done from Active Trader, because the bracket orders are more limited there than in the trade tab, but I think it may be possible from the trade tab. Maybe not--I need to run this by some more experienced folk before I give up completely.

I think it would be pretty easy if there were a 1st triggers sequence of OCO order type, but that’s not an option, so it will take a workaround. Thanks to anyone who wants to dive in and give this a shot.

Trigger – Buy (2) @ Market

1st OCO
Sell (1) @ +1.00
Or
Sell (2) @ -2.00 - Stop Loss, order complete

2nd OCO triggered if first target is met
Sell remaining (1) contract whenever price drops one tick (if not possible an alternative would just be sell @ +1.50.)
Or
Sell (1) at entry price

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  #2 (permalink)
arpster
Atlanta, GA/USA
 
Posts: 1 since Nov 2018
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I see that this is an old post without a reply. I'm trying to figure out the same thing and wondered if you have found a solution/workaround? Thanks!

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Last Updated on November 18, 2018


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