Search results

So, when it comes to vertical spreads you don't recommend using Stop Losses of any kind? No, disrespect, but that seems counterintuitive (and dangerous). I mean, every time I watch a trade video the narrator always stresses the importance of protecting oneself to the downside using a Stop Loss...

OK. Well, if it's not advisable to specify a percentage for the Stop Loss as part of the Bracket Order what can I do?

I'm new(ish) to TWS and wanted to know how to place Conditional Orders for Put Credit Spreads such that if the underlying fell to a certain price level it would trigger a Buy order. I asked IB and a guy named Larry sent me a brief, but detailed example. I was able to follow it no problem and...

Hello HT and DA, OK, so I finally figured out how to get my Credit Spreads to populate in the Order Entry window so I can attach a Bracket Order. Geeze Louise, TWS is not an easy platform to work with. I placed a trade today using both Profit Taker and Stop Loss values. However, I'm now...

Well... possibly. LOL He does go over creating one for a Naked Put but he specifies dollar amounts. I may have misunderstood what types of values can be specified in a Bracket Order. I was thinking I could specify these values as percentages of the premium but I don't think you can do that. I...

I'm new to TWS and I know how to place vertical spreads, However, I want to learn how to attach Bracket Orders to them. Specifically, I want to set my Profit and Stop Loss targets based on a percentage of the fill price (using the 'Parent Order' parameter). So, let's say I sell a Put Credit...