Adamus
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Re: It's all academic...
yeah well black swans are worry enough without creating them for yourself!
i bet that made you feel good, in a pit of the stomach kind of way - NOT!
IB TWS lets you do bracketed orders where only one is executed, i.e. your stop loss would have been executed and the target cancelled.
There's an order type called OCO or 'one cancels other' that you could use too, if your trading platform allows it.
Just when I think things can't get any worse...
Well you know that trade I got stopped out on?
I forgot I left the target TP in. So woke up this morning to find half my account had evaporated.
Hmmm... I now am fully-convinced I am self-sabotaging. I had thoughts about it before - but I think this confirms it.
yeah well black swans are worry enough without creating them for yourself!
i bet that made you feel good, in a pit of the stomach kind of way - NOT!
IB TWS lets you do bracketed orders where only one is executed, i.e. your stop loss would have been executed and the target cancelled.
There's an order type called OCO or 'one cancels other' that you could use too, if your trading platform allows it.