[brownsfan019]

Originally Posted by shrike »

Hi Brownsfan019

thanks for your answers

Anytime. Contrary to what a few around here might think, I'm just trying to be a helpful guy since I know this software inside and out.

[shrike]

Hi
I'm sorry to annoy you again but i need an help about orders with DOM.
When i place an order, I would have the possibility to insert already stop loss ,both i go long or short .
I've seen bracket orders but i haven't yet fully understood how they work.

simply when i buy or i sell, together and immediatly at the exchange must be send the stop loss order.
This because if my pc or my connection stop to work . i'm sure i can exit from the market if it turns against me.

thanks

[Dinerotrader]

Originally Posted by shrike »

Hi
I'm sorry to annoy you again but i need an help about orders with DOM.
When i place an order, I would have the possibility to insert already stop loss ,both i go long or short .
I've seen bracket orders but i haven't yet fully understood how they work.

simply when i buy or i sell, together and immediatly at the exchange must be send the stop loss order.
This because if my pc or my connection stop to work . i'm sure i can exit from the market if it turns against me.

thanks

If I understood your question correctly, you wanted to know how to put in a bracket order so you had an automatic stop loss entered when you put in an order.

Click on the little triangle symbol at the top of the DOM. This opens up the bracket selection options at the bottom of the DOM. Then just select what you want.

[shrike]

Hi Dinerotrade

thanks for reply

I'm testing Demo version ,I've seen this features but i haven't fully understood yet the difference between sell limit and sell stop ? I must tick each box ,or only one ?
I 've seen in the manual but it isn't very clear ,or better i don't understand English well

[Dinerotrader]

Originally Posted by shrike »

Hi Dinerotrade

thanks for reply

I'm testing Demo version ,I've seen this features but i haven't fully understood yet the difference between sell limit and sell stop ? I must tick each box ,or only one ?
I 've seen in the manual but it isn't very clear ,or better i don't understand English well

Manual isn't that great. You can tick on one box or both depends if you want automatic exits on both the loss and profit side. Use the Buy limit and Sell limit for your exit for taking profit. Use Buy stop and Sell stop for setting your stop loss exits. Play around with them and they will start to make sense. I don't normally have profit target exits sitting out on the DOM so I don't use buy limit and sell limits when I bracket.

[shrike]

Thanks Dinerotrade
you have clarified me exactly what i was searching .
I haven't one profit target , i prefer exit not in automatic but manage my position .
instead is very important have a stop loss ,IMHO,that works in automatic and stands at the exchange, in order to prevent huge loss if i can't connecting or i lost the connection.
thanks fot help me

[DugDug]

OEC and stops. A continuing question.
just started using it - and yes the manuals are crap.... understandable while systems are expanding, but these are not great - I just wish developers would use examples - then things might be clearer. I and I am sure others always find the myriad of stops, brackets, trailing jargon different for every system, and examples usually make it clearer.

With the trailing stop and the factor level.....does the factor level tell the DOM WHEN to move the stop or does it tell it by HOW MUCH to move the stop...???

eg; if the order is long 1 contract at 137.50 and the buy stop is set at a factor of .1, with the trailing stop set at a factor of .02. (Then when you enter a buy stop below the market, lets say at 137.44, then the DOM knows not to sell below 137.34 if the stop is triggered.)
If the price moves up by .02 to 137.52 then the stop level will also move up by .02, so by the time the price trades at 137.6 the stop should now be at 137.50, if the price has only traded up to 137.59, the stop will be at 137.48.
OR does the stop only move up by point .01 when the price moves by point .02.???

I ask as while I did use the DEMO, once you open an account with OEC you no longer have access to a DEMO account in order to try things and test them.....you have to use real money. I stupidly would have assumed they may have had a paper trading/demo account with the live version as well. I am a bit sick of testing systems with live money, but that seems to be the only option here once you have a live account. This will also apply if they introduce new upgrades as well.
Thanks. for those who are a bit more up to scratch with the system.

[brownsfan019]

DD - I don't know the answer to your question off hand as I do not use that function, but send a support ticket and request a demo extension so you can test this stuff out w/o real money on the line. If that does not work, send me a PM.