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What is the difference between SELL_AUTO and SELL_TO_CLOSE?

epete

New member
VIP
So is a Sell_Auto a reversal of the current position?

Used in AddOrder function to add a selling order for entering a new short position or closing a long position. Note that you can switch order to Strategy Properties article for details.

NOTE: it says "or" not "and" - so does the SELL_AUTO only do one or the other? Again, I'm a bit confused.
Thanks
 

RickAns

Active member
VIP
As others have said Sell Auto will only do one action for you - close your Long position or open a Short position depending on the situation. If you are looking for it to do both actions at once. As in close your current Long position and open a new Short position all-in-one then no it won't. You would need a separate order for each.
 

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