- ago
Hello traders, how can I execute a buy limit strategy like the Knife Juggler in practice? The problem is that I want to buy 10 positions from the NAS100, for example. On a buy day I now have 100 signals with a 2% limit, which I send to the broker. But when the first 10 signals have been executed, the remaining 90 have to be canceled. How can this be implemented in practice? I don't want to spend all my time in front of my PC until the market closes.
Many thanks for your tips.

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Cone8
 ( 6.07% )
- ago
#1
Preferences > Trading > Thresholds

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- ago
#2
Wow! Thanks a lot!
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- ago
#3
Please Note:
Like mentioned in this forum several times: Backtest results of limit order systems do not match realtime trading results (on busy days).

So be careful and don't expect too much.
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- ago
#4
One way to get around a limit order not executing is to have code that changes to a market order after a specific amount out of time.

Or maybe request a delay block timer with some intelligence to trigger above or below a specify amount from the open price.

Prolly need to put in feature request.
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Cone8
 ( 6.07% )
- ago
#5
Preferences > Trading > Misc Trading Settings > Convert Limit/Stop to Market ...
As long as you have the Buying Power, this will keep you in sync with the backtest - sometimes at a better price, sometimes worse, especially on the busy days.

The only problem is the edge case that the trigger price is attained, remains the low of the day, and your order isn't filled.

But if you're willing to settle for a Market order, convert your strategy to intraday and use Market orders.
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- ago
#6
@DrKoch: Thanks for this tip, that's exactly what I was afraid of :-)
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