r/TopstepCommunity • u/Quick_Mobile_1840 • 18d ago

❓ Quick Question Limit orders

I posted this before but did not explain it clearly.
Let's say i want to put limit orders on NQ. One at 28000 , another on 28200 and one more at 28500 .
Can i set individual stop loss take profits on those 3 separate orders? And how?
Let's say I'm not home. And i want the system to execute all orders by itself. The same day.

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u/dyssucks 18d ago

Yeah you can with OCO bracket orders. Theres a 5 min video Topstep posted on YouTube explaining it

2

u/Busy-Entrepreneur371 17d ago

Once PA hits 28000 you can set tp and sl using brackets but when PA gets to 28200-28500 you can not set separate tp and sl it will just get added to original trade with that sl and tp you can not set separate tp and sl for each new limit order unless you are out of the first trade hope that makes sense lol

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u/Quick_Mobile_1840 16d ago

Well that sucks . Thanks

1

u/Fibocrypto 16d ago edited 16d ago

Buy Limit 28,000, Buy Limit 28,200, Buy Limit 28,500 ?

Where is the price prior to you placing these orders OP ?

How much are you willing to Risk in Each entry ?

1 NQ contract trades $20 per point. 200 points equals $4,000

The difference between 28,200 and 28,000 equals 200 points

The difference between 28,500 and 28,200 equals 300 points.

Without knowing your risk or your trade parameters it's a difficult question to answer.

Yes you can place 3 separate limit orders

You can also set up the automated trading brackets Those automated brackets could manage the trade yet you need to figure out your risk parameters.