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Moving A Take Profit That Wasn't There Initially
That is, you don't enter anything in the initial take profit values, but you do use the take profit management rules and values. So when the trade is opened, it doesn't have a take profit. But then at some point later your trading system tries to move it.
Using the take profit management rules and values is always ok if you use it to exit at market. This is because you're not actually moving a take profit - you're just closing the trade.
Otherwise, what's going to happen depends on the broker. Some allow a take profit to be added at a later date even if there wasn't one when the trade was opened. Other brokers don't allow it. Try it in a demo account.
Recent blog posts
- Mid July 2010 Update
- Start of June 2010 Update
- New Release: v3.0.2 - Copy, better error message, more options
- New Release: v3.0.1 - The Stabilise-ening
- Ah, The First Bug [Fixed in v3.0.1]
- New Release: v3.0.0 - The Rewrite
- Start of February 2010 Update
- End Of 2009 Update
- New Release: v2.0.10
- New Release: v2.0.9 - Free
Recent comments
- API
1 week 3 days ago - Just added this wiki entry to
2 weeks 3 days ago - Ok thanks for clarifying
2 weeks 3 days ago - First let me explain the
2 weeks 3 days ago - Hey Sharky
Just wondering
2 weeks 4 days ago - Thanks for the reply Sharky.
2 weeks 4 days ago - Hi Anthony, thanks for your
2 weeks 4 days ago - Or you can go with
4 weeks 6 days ago - Which version?
9 weeks 4 days ago - Same bug here
9 weeks 5 days ago

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