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Hi everyone, I'm trying to paper trade a stop and reverse strategy but in Tradestation the fill logic is that when I'm long for example, it sends an order to close and after another order to go short.
What I want to do is reverse the position with a single order and I think there is an option in Properties for all-automation-strategy fill logic- "Allow multiple automated strategies on multiple charts using the same futures/forex symbol in the same account. Also, allow simultaneous placing of exit and entry orders for a reversal instead of waiting for the exit to be reported filled before placing the entry", but don't know why, I can't check it, any clue?
Thanks.
Can you help answer these questions from other members on NexusFi?
be careful with this
as you will need double margin to be able to do this
if you close, you don't need margin, your margin will fall to zero
the result of the trade might get deducted if it's a loss
to then open the reverse, you will need roughly the same margin
as the first open
if you want to reverse in one single order, you will need the
double amount, even if afterwards it gets netted out
