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Date/Time: Fri, 03 May 2024 22:46:15 +0000

Post From: Automated strategy with bracket and OCO orders

[2015-10-26 20:15:56] Link To Thread - Link To Post [Go To First Post]
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.