Best Way To Store Entry Price

[lm1994]

What is the best way to store the price in which I entered the market using automation?

Looking to do this so I can add a scaling out of my position process off the back of this as appose to using the global settings section and just having my whole exit order dropped in at 1 price.

Cheers

[ShaunWhite]

Someone will reply but in the meantime, have you considered using the same (opposite) conditions for exiting as you had for entry?

People seem to put a lot of effort into choosing entries then exit on something illogical such as a number of ticks gain/loss.. The market doesn't care about your position so having a bet based on it is akin to betting blind. Especially in automation where you bet so frequently, every bet has to be for a reason that relates to the market conditions not your own.

Obviously do what you want, but I thought it worth mentioning how people who automate full-time usually make the decision to bet, or not. Trading is just bet, bet, bet, bet, bet, hedge any imbalance.

[jamesedwards]

What is the best way to store the price in which I entered the market using automation?

Looking to do this so I can add a scaling out of my position process off the back of this as appose to using the global settings section and just having my whole exit order dropped in at 1 price.

Cheers

Under the 'stored values' tab and 'matched bet information of a selection' you can store things like the most recent matched price, the average matched price, or total liability.