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Automatic update of TP/SL quantity when scaling out of a position

On ProjectX, when I am in a trade, set the TP/SL, and I adjust the sizing during the trade (i.e. sell a few contracts), my TP/SL sizing would change with it. On Tradingthings, the TP/SL size is fixed. For example, if I bought 10 contracts, set the TP/SL, and manually sold 5 contracts, my TP/SL would still show 10 contracts. Chat bot confirms so. This is a huge issue unless there’s a set up I am not aware

3 comments

This request was merged into another request

Comments3

  • Abdou

    Team•

    Feb 3

    @cloneofmjy Hey, you can reduce the contract size of the TP & SL order by clicking on the quantity of the TP / SL line. It opens a modal where you can then reduce the contract size. Bracket orders currently only support decreasing the quantity though, if you try to increase Rithmic rejects it.

    If you use the “Normal” order strategy instead of brackets you can increase and decrease the quantity of your SL & TP.

    • cloneofmjy

      •

      Feb 4

      Thanks - seems like your SL/TP won’t cancel if you hit one side. i.e. if my SL hit, my TP oder somehow stays open. Is there a way to have them linked automatically like tradingview’s own bracket management

      • Abdou

        Team•

        Feb 4

        @cloneofmjy Yes, if you use order strategy “Bracket” the TP & SL will be linked.