Equalized Equity Risk per Trade

In the version 5.5.0.1 and up, we have added a new hotkey command “Price=Share”, where users can use it to build a hotkey to try to equalize the risk on the trade. Here is the sample script of Stop Market Order at the risk of $500:

“ROUTE=STOP;StopType=Market;Share=Pos;StopPrice=500/share;StopPrice=AvgCost-StopPrice;StopPrice=Round2;TIF=DAY+;SELL=Send”
(Hint, for the stop order, it will be better to change the Montage window to Stop Order Style, by right click the Montage window->Style->Stop Order.)

Powered by BetterDocs