Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | Changing orders of active positions |
| Posted by: | pr trading ( C2 Score: 994 ) |
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| When: | 4/04/12 (4:45) | |
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| | Is it possible to change a stop loss or profit target levels on an active order. I cannot find any info on the site how to do this and cannot work out from the order tickets how to amend the orders. Thanks |
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| | In response to post by pr trading of 4/04/12 (4:45) Is it possible to change a stop loss or profit target levels on an active order. I cannot find any info on the site how...
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If I understand your question correctly, you are asking how to change an order that is already entered and is currently in a "working" state.
The answer is to use the REPLACE button, which you will see to the right of every working order. Just press it, and then the order ticket will be populated by the current version of the order you want to change. Then, within the order ticket, you can change whatever it is you need to change (e.g. stop price, or limit price). Then hit SUBMIT.
Viola! Your old order will be canceled and then replaced with the new order. |
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| Subject: | Changing orders of active positions |
| Posted by: | pr trading ( C2 Score: 994) |
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| When: | 4/04/12 (12:33) | |
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| | In response to post by Matthew Klein of 4/04/12 (9:19) If I understand your question correctly, you are asking how to change an order that is already entered and is currently in a "working" state....
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thanks for the reply.
I have 1 working long position, it already had a stc limit (entered at the time of entry). I have added a stc stop. Is this automatically linked to the open position?? Lets say the limit is hit first. Am I correct in thinking the remaining stc stop order will die (as no longer a position) or will this need to be manually cancelled? |
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| | In response to post by pr trading of 4/04/12 (12:33) thanks for the reply.
I have 1 working long position, it already had a stc limit (entered at the time of entry)...
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In general, C2 will be smart enough to figure out that if a position is closed, an "orphaned" Sell-to-Close (or Buy-to-Cover) order will be canceled. |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
