Updating Orders Question

 

Hi,


I am in the process of developing a strategy and just have a question about Orders.

My idea is to have multiple take profit targets depending on the trend and then reduce the trade size.


Thus is it better to open multiple orders or is it more advisable to update existing order?

This would be a scalping strategy so speed would also play a factor


Thanks for any advice

 
heinesterhuyse:

Thus is it better to open multiple orders or is it more advisable to update existing order?

multiple order (with multiple target)