Saxo uses FIFO (First in, first out) netting on futures positions. This means that futures trades must be closed in the order they were opened.
All individual trades in a position cannot be closed directly and you cannot place related stop and limit orders to close specific trades.
To close or reduce a position, you can place a trade using either the Close button on the position, or by placing a trade using the Trade Ticket.
Stop loss and take profit orders cannot be related directly to individual trades. OCO-related stop and limit orders can be placed instead to protect the net trade position. OCO-related stop and limit orders must be managed separately — if you manually close a position, you must also manually cancel any related orders.
One-Cancels -Other (OCO) orders for futures in SaxoTraderGO
One-Cancels-Other (OCO) orders are available on futures in SaxoTraderGO . This will allow you to protect net futures positions with OCO related Take Profit and Stop Loss orders.
Take Profit and Stop Loss orders can be placed at a fixed Price or at a percent distance from the current market price.