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Thanks. So if I want to buy ABC at $105 (currently $100), I put a stop order on with a price of $105. As soon as it hits that price it transmits a market order? I also need to add a stop on the stop order, so basically I have to create 2 stop orders, one to buy at $105 and one to sell at...

I use IB and I want to put a buy order when a stock reaches a certain price above the current price and not before (to confirm a breakout). Would that be a MIT order? If I try LMT order is autobuys it as it's below my limit price. Thanks in advance.

The only caveat is you have to post/email/twitter/blog your entry/exits realtime so we can watch. If after 2 months or 100 trades, your system is shown to work I'll cough up the cash. No made up/historical data allowed. Although this is my first post, I've been reading my way through these...