Risk-Reward - Market order lots not computer properly ?

Created at 30 Oct 2024, 17:27
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all-raceway0m

Joined 14.10.2024

Risk-Reward - Market order lots not computer properly ?
30 Oct 2024, 17:27


Hi,

 

I'm using the Fixed risk reward tool and it does work well for limit/stop orders.

I fixed the risk to an amount and when I move on the graph it adjust the number of Lots based on the fixed risk.

I'm having issue with Market order. It says in the video here that the number of Lots will be calculated based on the entry points.

This is unfortunatly not working and the number of Lotsis just the one computed based on the graphical on the screen.

Any suggestion of what I'm doing wrong ?

Thanks


@all-raceway0m
Replies

PanagiotisCharalampous
31 Oct 2024, 06:23

Hi there,

I did not understand what you are doing and what exactly is happening. Can you record a video so that we can understand what you are looking at?

Best regards,

Panagiotis


@PanagiotisCharalampous

all-raceway0m
14 Nov 2024, 15:11 ( Updated at: 15 Nov 2024, 06:32 )

RE: Risk-Reward - Market order lots not computer properly ?

PanagiotisCharalampous said: 

Hi there,

I did not understand what you are doing and what exactly is happening. Can you record a video so that we can understand what you are looking at?

Best regards,

Panagiotis

Hi,

I undwerstood from this video that I can fix a risk reward (lets sasy 100 usd) and when I move My SL on a limit order the nb of lots is computed automatically to keep 100 usd of risk.
And that if I change to market order the nb of lots will be computer when I click the buy/sell button based on the current price to respect 100 usd risk.

https://help.ctrader.com/ctrader-web/charts/risk-reward/

On video below that I did we can see:

  • when I chose limit order and fix the risk to 100 usd. nb of lots is computed automatically when i change the entry point
  • when I change to market order and place the order the nb od lots is not recomputed but the last computed for the entry poitn which his not righ

https://share.icloud.com/photos/0adBeJVHTTMum0RYU3eeekHmQ

My be I understood wrong the feature for market order.., if i understood wrong can you any idea how I can do this as I want to always have the same risk

Thanks


@all-raceway0m

PanagiotisCharalampous
15 Nov 2024, 06:41

RE: RE: Risk-Reward - Market order lots not computer properly ?

all-raceway0m said: 

PanagiotisCharalampous said: 

Hi there,

I did not understand what you are doing and what exactly is happening. Can you record a video so that we can understand what you are looking at?

Best regards,

Panagiotis

Hi,

I undwerstood from this video that I can fix a risk reward (lets sasy 100 usd) and when I move My SL on a limit order the nb of lots is computed automatically to keep 100 usd of risk.
And that if I change to market order the nb of lots will be computer when I click the buy/sell button based on the current price to respect 100 usd risk.

https://help.ctrader.com/ctrader-web/charts/risk-reward/

On video below that I did we can see:

  • when I chose limit order and fix the risk to 100 usd. nb of lots is computed automatically when i change the entry point
  • when I change to market order and place the order the nb od lots is not recomputed but the last computed for the entry poitn which his not righ

https://share.icloud.com/photos/0adBeJVHTTMum0RYU3eeekHmQ

My be I understood wrong the feature for market order.., if i understood wrong can you any idea how I can do this as I want to always have the same risk

Thanks

Hi there,

It is impossible to set the risked amount exactly at a fixed stop loss price, since the trade eventually needs to be rounded at a volume that meets the minimum step set by the broker. Therefore you will get an approximation at best. The tool calculates the exact volume that needs to be traded for that amount to be risked but eventually you need to trade the closest valid volume.

Best regards,

Panagiotis


@PanagiotisCharalampous