Average Entry Price for multi orders.... Any way to stop this?

General Discussions
1

New user here. Two questions:

  1. When entering multiple positions, at different prices, for the same contract, NT8 averages the entry price. How to stop this? I want to manage stop losses independently for each entry. I want to see each independent entry level and not have them averaged.

  2. How to be both long and short at the same time, same contract? Long from the bottom and short from the top? If I’m long and then enter a short later, the long is automatically closed. I don’t want this. I want to be able to manage each trade independently.

Thanks

2

You can’t on both counts (2. is a Regulatory issue)

1 Like
3

Thanks for the quick reply. How is #1 not possible? Every indicator and oscillator under the sun programmed into NT8. But not independent entry stop loss management? Risk management?

How do other traders deal with this?’

Use the Control Center > Executions tab … Then monitor entry levels for each separate order? And set independent stop losses accordingly? Ignoring average entry price line?

4

In the same theme, can multiple orders entered at different levels, be closed individually?