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View Full Version : Sim Stop Orders w/ Chase?


Json
03-28-2007, 10:31 AM
I often use SS orders with good results in the treasury market.

The problem is at times I'm left unfilled as the market moves away. I fell the option to use SS market orders is too aggressive, so I use SS limits. Could not the procedure continue to chase, or adjust the limit if the volume limits are breached at the next (worse) price until filled? This way I have the best of both worlds, orders that are not triggered by a single print(as traditional stops) and the security of knowing I will be filled.

I would also like to see this available though the ATI.


Hats off to your excellent product. I have affirmed this by my recent lifetime subscription purchase.

NinjaTrader_Ryan
03-28-2007, 10:42 AM
Hello Json:

Thank you for your post.

It is possible to use SS limits along with an auto trail stop strategy. Therefore, if your volume limits are not breached and you remain in the trade, the volume trigger will remain included with your auto trail strategy.

Best regards,

Ryan

Json
03-28-2007, 10:56 AM
Ryan,

Not sure I understand. The auto trail allows SS orders to move to more favorable prices as the market moves with your position.I'm interested in chasing a market thats moving AWAY from me.


Json

NinjaTrader_Ray
03-28-2007, 11:03 AM
This is not possible but will add as a suggestion to the feature list for consideration.

Ray

PS - Thanks for the compliment and the lifetime license purchase!