adding a stop loss to a BUY/SELL order

• 05/21/2018 at 5:33 PM #71023
  aland

  Hi there,

  I see that when I place an order in proRealTime the buy/sell is sent first and only then is the stop loss added.

  This necessitates a larger margin as the broker is unaware of the future stoploss.

  is there a way to grammatically create an atomic action that sends an order with a stoploss instead of these 2 phases?

  Thanks

  Alan

  

  aland

  Participant

  Topics: 22

  Replies: 51

  Been thanked: 0 times
  05/21/2018 at 5:50 PM #71024
  robertogozzi

  I noticed it takes three steps to enter a trade, first the trade is opened, then a SL is entered to modify the order, thirdly a Target Profit is added.

  Whenever that happened and I was in front of my PC I could hardly notice a lag between each of them, it is a matter of microseconds and I cannot figure out how this could affect the margin.

   

  1 user thanked author for this post.

  aland

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17659

  Been thanked: 4367 times
  05/21/2018 at 6:49 PM #71027
  aland

  Thanks,

  if you put a stoploss it lowers the margin

  this is especially critical to higher stakes when the margin is very large. a stop loss reduces the margin alot

  So it affects the margin because the first call is to buy/sell and the margin is calculated then

  adding a stoploss later reduces the margin but if there was not enough margin in the first place the order will not be executed at all.

  so the question is: can you create a whole/atomic order including a stop loss and profit and send it to the broker or does it have to have 3 phases

  Cheers

  

  aland

  Participant

  Topics: 22

  Replies: 51

  Been thanked: 0 times
  05/21/2018 at 7:22 PM #71030
  robertogozzi

  It has to have 3 phases, I’m afraid.

  But I never thought about this before, so someone else may be of greater help.

  1 user thanked author for this post.

  aland

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17659

  Been thanked: 4367 times
  05/23/2018 at 10:26 AM #71157
  aland

  Roberto,

  you mentioned that you see this information (open, stoploss, profit). do you see this in real time or after the fact?

  I would very much like to follow this proccess in real time on the trading system. is it possible?

  if not where do you see these 3 steps?

  robertogozzi wrote:

  I noticed it takes three steps to enter a trade, first the trade is opened, then a SL is entered to modify the order, thirdly a Target Profit is added.

  Whenever that happened and I was in front of my PC I could hardly notice a lag between each of them, it is a matter of microseconds and I cannot figure out how this could affect the margin.

   

  

  aland

  Participant

  Topics: 22

  Replies: 51

  Been thanked: 0 times
  05/23/2018 at 10:32 AM #71159
  robertogozzi

  You should code a very simple strategy for the 10-second (or even 1-second) TF and launch it, with SL and TP and what the orders as they are quickly processed by IG in the window on their main page.

   

   

   

   

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17659

  Been thanked: 4367 times
  05/31/2018 at 9:46 AM #71839
  Carine

  Hello,

  Linked orders are placed at the same time as your market orders. Even if you notice a slight delay on your platform, this does not affect the margins.

  Regards,

  Carine

  1 user thanked author for this post.

  robertogozzi

  

  Carine

  Moderator

  ProRealTime

  Topics: 0

  Replies: 76

  Been thanked: 27 times
• Author
  Posts