@Aiman Almansoori @Norm @Andrew Aziz @Robert H
Is there any difference between using the “LIMIT” and the “SMRTL” route with IB?
Aiman’s Google Doc and the BBT forum seems to have no logic behind using one vs. the other.
So far, I've found the following hotkeys using each of the routes:
LIMIT Route
- Go long or short and set stop loss with fixed % risk
- Selling partial or full positions
- Covering partial or full positions
SMRTL Route
- Go long or short and set stop loss with fixed $ risk
- Go long a # of shares based on % of BP
The ones with "LIMIT" are working but is there any benefit to using "SMRTL" instead on those?
Thank you