Splitting OCO Orders

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ContextTrader
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Joined: Mon May 20, 2019 4:44 pm
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Splitting OCO Orders

Post by ContextTrader » Fri Sep 22, 2023 5:15 pm

If I place two 1 lot orders with an OCO and I happen to get the same price, then I can move the stops & targets individually.  If I place a 2 lot order, I cannot move the lots individually.

It is cumbersome, clunky & inefficient that we must place multiple orders individually in order to move them later - it creates fills of different prices, and more steps open the door to more errors. 

Instead, could you provide the functionality to enter multiple lots for an OCO and then allow us move the orders at our discretion? 

As an example, I now have to enter 3 separate 1 lots with targets and then more the targets (and/or stops) individually.  I would like to place one order of a 3 lot and then move the 1 lots as I wish.

Thank you!

P.S.  Even better would be to also allow functionality for an OCO strategy.  Example:  enter 3 contracts with targets at 4, 8 & 12 points.  I know several traders who stopped using BookMap because these features were not available.