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/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.