Step 1: Access Settings
Open the Contract Window: Navigate to the specific contract you intend to roll forward or backward.
Click the Settings Cog: Locate and click the settings cog icon in the contract window. This will bring up a menu of options for managing your contract.
Step 2: Roll the Contract Forward or Backward
Select Roll Option: In the settings menu, choose between Roll Forward or Roll Backward to adjust your contract’s position as needed.
Roll Forward moves the contract to the next expiration date.
Roll Backward returns the contract to the previous expiration.
2. Confirm the Roll Action: Confirm your selection to finalize the roll, and Tradovate will update the contract to your chosen position.
Key Benefits of Using the Roll Feature
Simplicity: The roll feature allows you to manage contract expirations with a single click, eliminating the need for manual position management.
Efficiency: This quick adjustment keeps your trades aligned with the latest contract dates, optimizing continuity in your trading strategy.
Tips for Using the Roll Feature
Review Position Changes: Before confirming a roll, double-check that the adjustment aligns with your trading plan, as it will affect the contract’s expiration and settlement dates.
Stay Updated on Expiration Dates: Regularly monitor contract expiration dates to determine when rolling forward or backward would be beneficial.
By following these steps, you can maintain control over your contract positions in Tradovate with ease. For further support, contact ETF’s customer service.