The Traderszone Network

Published in TZ Latest News 3 November, 2017 by The TZ Newswire Staff

Question reg. stops and targets on native spreads

Hi all

I’ve searched the Web near and far but could not find an answer to my question. Could a kind soul please help out?

Consider the following situation: I want to buy an exchange traded spread, e.g. the NOB, and hold for several days. Let’s say the NOB is unchanged for the day. I pull up a DOM, buy and put a stop 10 ticks below and a target 20 ticks higher (both GTC). The NOB rallies and closes 10 ticks higher for the day. So far, so good. Overnight, the NOB resets. Upon the…

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