1st triggers all thinkorswim reddit. 1st order sells a vertical spread.

1st triggers all thinkorswim reddit 100 limit buy @ $100 -> 100 limit sell @ $101 Hey all, New to thinkorswim, and just wondering if there’s a way to do what I’m thinking. I am just starting to explore this functionality, apologies for the new-user question. For example, suppose you wanted to initiate a call vertical, buy the call vertical to close at a predetermined price, then initiate another call vertical once The 1st triggers Seq Advanced Order requires two Order Entries. 1st Triggers Sequence: The first order entered in the Order Entry screen triggers a series of up to seven more orders that are not filled until the next order in the queue is filled. Additionally if somebody has done any API to place such a trade from say an excel spreadsheet (TOS is not the most friendly to place such a trade in my opinion :-) It may be used as the triggered order in a First Triggers so that when the first order fills, both OCO orders become working; when either of the latter is filled, the other is canceled. So are you saying you want your order to execute when only the stock is at $30. Same thing with a STOP LIMIT order. When I purchase an option contract and if it hits my stop loss, it will trigger the stop loss, but if it goes above my target price it’ll trigger the sell. I'm trying to buy an option at market price and then sell that option when its value goes up 2% or down 5%. Sep 15, 2024 · Hello, I want a closing order instantly pop up on my screen for mobile the moment I put in an order OR have a default closing order to trigger Feb 24, 2021 · The First Triggers Sequence order is a Thinkorswim advanced orders type that will allow the trader to submit up to 8 orders to be triggered sequentially, in the order they’re entered. 1st Triggers All: The first order in the Order Entry screen triggers up to seven more orders to be submitted simultaneously, each independent of the others. The STOP is where it triggers, and the LIMIT should be the most you're willing to lose. 1st Sep 5, 2024 · I'm looking to set up a 1st Trigger OCO order in ThinkorSwim based on signals. When I use AddOrder to buy, it works but only on the first time the condition is true, and no longer triggers another buy when the condition is subsequently true again, unless the original long positoin is closed with sell to close. Hi, In ThinkorSwim Mac I'm trying to create a 1st trgs 2 OCO order template where I can put in: A buy order using a $ amount (like $500) for quantity… Advertisement Coins 1st Trigger + OCO Stop Loss What I am wanting to do is have a Option purchased, and then when it reaches 30% profit, set a trailing stop 20%, the 30% profit (guarantee worst case scneario of 0-10% profit). But I don't want to manually add each order, every time. This is what I am trying to do: OCO ---- Order 1: 1st trigger Sequence: -----sub-order 1: Sell half at X% profit -----sub-order 2: Sell other half at Y% profit 1st triggers OCO order. Something like that. Hi there, Trying to find a clear example/tutorial on how to create 1st trigger 2 OCO based on the following so I can save it as a template. The first order to enter is working as desired. 29/30. What happens if the buy order is only partially filled? Does the OCO trigger with an equal number of shares that filled in the buy order? Or does the OCO not trigger leaving the partially filled shares exposed and unprotected? When this order is entered I also want to submit an order that will trigger a buy order at an 85% loss and another at a 50% upside profit. Click on the Advanced Order button and load each choice so you can see what they really mean. If you do 1st triggers Is there an option to put offset when I buy or sell a stock in Thinkorswim? For example, I am putting $10 limit buy order on a stock with offset of 5 cents, so that broker can fill in the best price between $10 and $10. Thanks! The first 3 lines are a simple 1st Triggers OCO. 1st triggers OCO requires the initial order and 2+ subsequent orders that all go into effect once the initial order is filled. What 'm trying to do is, if a price target is hit, then just create a new Trailing Stop for the remainder of the shares, automatically. Will my first call to BarNumber() be the bar that my order was triggered on? If I use a 1st triggers OCO order to submit a buy order which triggers an OCO with sell limit and stop orders. All of the logic I have tried results in the sell happening immediately (fractions of a second after the buy) or not at all. I really wish TOS would allow some type of hot key to just sell half the shares instead of having to flatten out of the entire trade. 84 and the premium is at 1. To add a 1st Triggers OCO order in Active Trader, repeat all steps from Entering a First Triggers (above), but keep both orders from Step 2 enabled. Any tips or Hi! I would like to know if it is possible to modify a "1st triggers 3 OCO" order with the following characteristics, I would like to place orders always in the following fashion: - This obviously needs to be bought in lots of 3, for example: 3, 6, 9, 27, 99 stocks - Entry Price: Always 2 ticks above the current candle's high I'm confused about setting 1st triggers OCO orders in Papermoney. I've developed a strategy that makes use of the "1st triggers sequence" advanced order while trading forex. For example, first buy 200 shares of stock. thinkorswim® is owned by TD Ameritrade, which has recently been acquired by Charles Schwab. But I'm worried that it's actually set up to sell if the underlying (not the option) goes up 2% or down 5%. When any of the subsequent orders are filled, the rest get canceled. Sep 5, 2024 · I'm looking to set up a 1st Trigger OCO order in ThinkorSwim based on signals. Did you find 1st Triggers 2 OCO? Sounds like what you want - The first order in the Order Entry screen triggers two OCO orders. Is there a way to automate this? i don't mind having to update some prices, but if i select a position i want the order entry to fill with three orders. When one of the subsequent orders gets triggered, is there a way for my ThinkScript to know what bar number it was triggered on? I see there is a BarNumber() function. . 1st order sells a vertical spread. Consider the Active Trader ladder as an entry to Order Mgmt. The second conditional order to exit the position at the open of the next bar has got me stumped. 05. I want to set up a "1st Triggers All" to automatically execute a trade when SPX dips below certain value, but then to set up the triggered order to close the trade based on the market price the 1st order executed at. If you edit, you'll enter order management, including Single, Blast, Pair, OCO, 1st Triggers Seq, 1st Triggers All, 1st Triggers OCO, 1st Triggers 2 OCO, 1st Triggers 3 OCO. If the buy triggers first, it should cancel the sell order (and vice versa). 45? Because you have it all wrong, the system is thinking you want the stock to activate when your total transaction = $30. Here’s what I need: Two orders: a buy with a profit/stop bracket and a sell with a profit/stop bracket. I came across this thread by u/hwsplife while I was looking for a way to execute orders with multiple embedded OCOs using 1st trigger behavior. For the Trail Stop you'll want to disable the upper limit to let er run. I'm not sure what a "1st trigger" bracket order is, but I use double bracket orders (orders with a separate sell target & Stop Loss as a default and have had good success with it. Now you'll get an "Order Confirmation Dialogue" box, that you can confirm or edit. I'm using a 1st triggers OCO in my paper trading account, but I'm not sure it's set up correctly. Is anyone aware of a way I could do this, on or off thinkorswim? Any help is appreciated 1st Triggers: Seq / All / OCO / 2 OCO / 3 OCO Somewhere in this set of choices is your answer. Then trigger a “bracket” order to sell your shares in two 100-share OCO orders. Hi, I am using a 1st triggers sequence of conditional orders based on custom studies. I want the OCO to be either (a) BTC at a limit price or (b) BTC on a specified date at market +2%. Set the first limit order as a sell price, make sure it's set TIF as GTC (time in force as 'good till close'). Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. The unofficial subreddit for thinkorswim®. 45/share which I assume it was doing correctly at the time because right now the stock price is at 31. I tried 1st Triggers 2 OCO but that creates two Trailing Stop orders with different price targets. The issue is I would like to be able to exceed the limit of 8 total orders in the sequence. I would like it to Buy whenever the condition is true and leave the shares open. I'd start with "1st Triggers 2 OCO". 42/1. 48 making the covered call 30. How I was thinking of doing it on the mobile app was through (see attached). 77/31. 42 In a 1st trgs seq order, if the first order was a limit order and doesnt completely fill does the 2nd sell order get adjusted to the filled position size or would it stay at the original value? ie. Please let me know. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. ytdz oljyy vbtouz mfwglrdk zlcpdu eigq ehn rlfpgs eaekti abay