Dukascopy
 
 
Wiki JStore Search Login

Multiple stop loss/take profit for a single position?
 Post subject: Multiple stop loss/take profit for a single position? Post rating: 0   New post Posted: Fri 19 Oct, 2012, 07:59 

User rating: 0
Joined: Fri 19 Oct, 2012, 07:51
Posts: 2
Hi, is it possible to place multiple stop loss or take profit for one position?

For example, I take a short position for 50k and have 2 profit targets. I would like to set the order to take 70% of my profit at the first target and 30% of my profit at the second target.

Ive been trying to do this, but to no avail. Right now, I set the take profit at the 2nd level and have to manually take the first profit, which is not ideal. An alternative solution to this would be to take 2 positions at the beginning, but since i trade on the 10 sec chart, usually the window of opportunity for entry is within a split second, so I would not have time to adjust the entry parameters (ie. changing the position size from 70 to 30) to enter the position twice.


 
 Post subject: Re: Multiple stop loss/take profit for a single position? Post rating: 0   New post Posted: Tue 23 Oct, 2012, 13:56 

User rating: 0
Joined: Fri 19 Oct, 2012, 07:51
Posts: 2
Dear Support,

would appreciate your comments on my query.

Thank you.


 

Jump to:  

cron
  © 1998-2025 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com