Is there a way to set up a hotkey to sell an open position by a percentage?

Discussion in 'Interactive Brokers' started by Midnitewolf, Jun 24, 2020.

  1. I am relatively new to Interactive Brokers and have been looking all over the place trying to figure out a way to set up a hotkey to sell an open position by a percentage. With Interactive Brokers reputation for being Day Trader friendly, I can't see them not having an option to set up hotkeys to sell 25% or 50% of a position to facilitate scaling out so I am assuming I am just not finding it.

    Thanks in advance.
     
    tradercat likes this.
  2. Toffu

    Toffu

    I did a "Close 50% position" bouton using "reverse position" . by default reverse position is set to reverse 100% of you position.. so if you have 100 share, it will sell 200 share to reverse.. but changing that setting to 25%, when you use it, it will reverse only 25% of your 100 share position, by selling 50share. if you want to create a 25% close position you can create a 10-15% reverse position setting. i did a bouton in the book trader, and create a label "close 50%" hope that help. i imagine you can create a hotckey using the same reverse position
     
    tradercat likes this.
  3. Robert Morse

    Robert Morse Sponsor

    If you had Lightspeed Trader:
    upload_2020-9-19_20-45-56.png
    upload_2020-9-19_20-46-31.png
    upload_2020-9-19_20-47-6.png
     
    gaz0001 likes this.