Reverse & Clx should create new brackets

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Joao Martelo

• August 14, 2019 18:25

I think when we hit the "Reverse & Clx" the new position should have the corresponding new brackets, accordingly to the brackets settings.

Thanks

3

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  Jeff Bonifas

  • August 16, 2019 20:12

  I agree. As it is today you have to cancel the order and then submit a new one (two step process).  

   

  Thanks

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  Jason Dinkel

  • August 16, 2019 22:13

  So you would think to have the stop(s) changed to the same distance on the other side of the trade and the target(s) changed as well?

  Personally I would like to understand how that is all executed safely at the exchange. Can anybody explain?

  1. Close at market.
  2. Open at market.
  3. OCOs Targets & stops entered in opposite sides. If multiple orders then lol are switched?

  But it seems super simple to flatten and click a new price to enter again or click buy or sell at market as the case may be. If you adjust the quantity for the order and already have your bracket order setup, it should be two clicks. So I’m wondering how that might work if you had scaled into multiple positions.

  If we want to do something more complicated it almost seems we should ask for a complete scripting language for managing orders... because everybody has different views of what would be a perfect implementation. Thoughts?

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