> Isn't there more to this? Does the stop loss order need to be explicitly > managed if the strategy closes or reverses the position as part of its > normal operations? Example: > -- strategy goes long at 1300. The child stop loss order is placed at 1295. > -- market moves up to 1304 > -- strategy closes the long position at 1304 > -- at this point, should JBT also cancel the child order? >
when an order is cancelled, IB also immediately cancels all child orders for that order. so we don't need to worry about closing the stop. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
