Dollar Cost Average

We desperately need a feature that allows for scalping whilst maintaining a longer term position.

Presently if i Short ES at 5590 knowing it will come down to 5570 and wish to make multiple 2 pt trades on every swing that it takes to get down there it will close out my longer term trade in profit instead of my shorter trade in profit. The system needs to accommodate scaling plans more effectively by closing out the trade that is least in the money and never closing out a loss if another entry is at a profit.

This can be done properly if bracket orders are honored properly when bracket orders are updated, but if overlooked trading within a zone is still less than ideal for high volume traders.

If high volume traders are allowed a bracketing system where it closes trades efficiently it allows for them to properly operate like a firm instead of operating with a handicap of the simplistic FIFO accounting.

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Upvoters
Status

In Review

Board

πŸ’‘ Feature Request

Tags

Risk Tools

Date

Over 1 year ago

Author

Anthony Diaz

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