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Hi List:
At 11:40am CDT I have to leave the pc for 30'
So I entered a STOP order: Short STOP at 1096.50 I am learning how
to open a trade by STOP IN.
When I returned returned at 12:11pm I noticed the price is below 1095 and I
gathered I must be stopped in, my short position is at 1095 at 12:08pm
I immediately opened 2 orders:(1) Stop Loss Long 1097
(2) Profit Target Long 1090
My questions are: (1) Am I allowed to have two opened Long orders existing
at the same time?
When the price then move to 1093 at 12:39pm, I moved my Stop Loss to Long
1095 so that my trade is now a break even trade.
(Question (2) is it rational to leave Profit Target untouched?
Thanks List!
RR
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