How to Add a Target and Stop to an Open Position

[NinjaTrader_Jessica]

If you have an open position without an ATM strategy, and you wish to add a limit and stop order to protect the position please follow these steps:


· Set strategy in the strategy selection drop down box to a value of <None>
· Right click in the SuperDOM and enable OCO order placement by selecting the menu "OCO Order"
· Then place a limit order where you want to exit at a profit
· Then place a stop order where you want to exit at a loss
· Then right click again and select the menu "OCO Order" to disable the OCO order placement


Now you have a target and a stop placed protecting your open position, and when one of these orders is filled the other will be canceled automatically.