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Vinay

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Joined: 12/9/2011
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Subject : RE: Adding Shares to an Existing Order
Posted : 9/24/2013 1:04 AM
Post #28830 - In reply to #28356

1. In the Paper Portfolio under Open Positions multiple orders each with its own entry price is there but the problem is that the Trade Plan calculates the Stops based on the Ist Order Rate, not on the average of all the Orders of a single Stock. Is there a way out to force Trade Plan to calculate Stops on the average price? This can be important if subsequent position is entered at a significantly different rate.

2. I have noticed that if I first remove the Trade Plan, then go to Open Positions tab under Portfolio and Edit Position and making necessary changes to the quantity and rates, then reapply Trade Plan then it calculates the Stops correctly on the entire position including additional shares. So instead of the method suggested by you earlier in this post to add shares to an existing position, can this alternate method be used? Are there any downsides to this method which I am missing?
Deleting message 28830 : RE: Adding Shares to an Existing Order


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