Re: Place a Limit Order with 2 Profit Takers and 1 Stop Loss for a Stock
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Two lots of commission though.
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-----Original Message-----
From: [email protected] <[email protected]> On Behalf Of Orionn via
groups.io
Sent: 04 February 2021 14:58
To: [email protected]
Subject: Re: [TWS API] Place a Limit Order with 2 Profit Takers and 1 Stop Loss
for a Stock
My suggestion is that you create two sets of orders. Each set includes the
parent limit order and two attached OCA child orders (profit taker and stop
loss). The limit price of the profit taker orders is different on each set of
orders. To update the stop loss orders, just monitor the status of the profit
taker order in the first set (wait for a fill) and then place the stop loss orders
again with modified prices. You may simply trigger the stop loss order
modification when the first profit taker order fills. Hope this helps.
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