Cointrader
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- May 22, 2024
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I recently started playing with the MW mobile app. Very powerful...I'm impressed. However, it does not appear to have the capability to create order presets (exit strategies) and no trailing stops. I find these indispensable for my trading style in the desktop app. I use a few different bracket strategies and trailing stops and never place an order without attaching an exit strategy. Anyone else see this as a problem/shortcoming with the mobile app? Am I missing something? Any workarounds that people are using?
*edit* I found a MW video on YouTube where they explain that exit strategy data is stored locally (not with the broker). Brokers accept OCO orders but not more complex exit strategies. MW made a decision not to include this feature in the mobile app because if the app closed or lost connectivity then any exit strategy would not get executed. Makes sense, but still a major shortcoming in my opinion.
*edit* I found a MW video on YouTube where they explain that exit strategy data is stored locally (not with the broker). Brokers accept OCO orders but not more complex exit strategies. MW made a decision not to include this feature in the mobile app because if the app closed or lost connectivity then any exit strategy would not get executed. Makes sense, but still a major shortcoming in my opinion.
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