ahmedmobarak

Hello, For some reason, the auto SL order never works for me. Could anyone help? Below is the script of the hotkey StopPrice=Price-0.01;DefShare=BP*1;Price=Ask-Price+0;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.05;TIF=DAY;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Thanks

Hello BBT Family, Doe anyone have experience with using protective put options to limit risk when swing trading? I have been reading about it and I get the logic behind it. However, I am struggling with a few points as I am still a beginner: - If you sell the shares after making profit, do you sell the put option also? Or do you leave it until expiry? - If the trade goes against you and you want to exit, do you sell your shares then exercise the put option or do you just exercise the put option and it will automatically sell your existing shares at the strike price? - How to execute it in TWs or DAS? - Has anyone used this strategy? Is it effective? I hope someone gives me some guidance!

haha. Thanks man. Sorry, beginners problems...

Thanks Radek! What's the right format?

@Radek I'm also a fan of TWS. I just joined the community. Would you be able to share your TWS setup file with us? Thanks a lot!