Login Page - Create Account

Support Board


Date/Time: Wed, 25 Dec 2024 05:44:01 +0000



Post From: Automated strategy with bracket and OCO orders

[2015-10-26 20:15:56]
User795833 - Posts: 15
Can you tell me if I can use a set of orders for this type of trade.
I've been playing with the sim trading and using the trade window order but it's confusing and
doesn't work.

I want to attached stop and profit orders after I have entered a stock. I trade only stocks.
So say I enter a trade at 50.00 I want to place an initial stop at 49.00. If the price reaches
51.00 I want to sell half my position than move the stop to breakeven at 50.00 If the price reaches
51.95, I want to move my stop to 51.00. and if the price reaches 52.00 I want to exit my final position.

This is for a day trading strategy. I want to be able to set my orders and leave the trade to work on it's own.
Could you tell me if I'm able to do this.

Thanks.