StrategyDesk can handle the SRS Swing #2 with no problem.
The scaling out in Swing #1 is more of a problem. One
possibility would be to run 3 strategies: one for each of the
scaleout percentages, but this would mean paying 3 times the
commissions. What I did was to only program the stop loss and
reversal parts of the strategy, and then to manually sell when the
scaleout targets were reached, adjusting the exit sells to the
remaining shares (using Edit>No reset for the strategies).
This requires calculating the targets, tracking the price, and
editing the amounts, which is certainly not an automatic
system. Therefore I think that I will only be running the #2
system for this reason. I have to note that the manual mode
worked in my favor once, since the price exceeded the target by the
time that I got to sell, so I put in a trailing stop loss order and
made some extra profit. Hope this helps.
Bob in NJ
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Title: Strategy Desk for Swing
Swing SRS and TD Ameritrade
Posted by twins on 26th of Sep 2009 at 10:52 pm
StrategyDesk can handle the SRS Swing #2 with no problem. The scaling out in Swing #1 is more of a problem. One possibility would be to run 3 strategies: one for each of the scaleout percentages, but this would mean paying 3 times the commissions. What I did was to only program the stop loss and reversal parts of the strategy, and then to manually sell when the scaleout targets were reached, adjusting the exit sells to the remaining shares (using Edit>No reset for the strategies). This requires calculating the targets, tracking the price, and editing the amounts, which is certainly not an automatic system. Therefore I think that I will only be running the #2 system for this reason. I have to note that the manual mode worked in my favor once, since the price exceeded the target by the time that I got to sell, so I put in a trailing stop loss order and made some extra profit. Hope this helps.
Bob in NJ