Problem with Ib limit with trailing stop

[profitseer]

anyone else have problems today? tws would let me enter a limit buy with trailing stop, but not a limit sell with trailing stop. I know I checked and double checked and triple checked

I think tws was confused because the limt sell was below 900 and the trailing stop would have been above 900. Maybe it couldn't do the math.

 

[alanm]

Originally posted by profitseer
anyone else have problems today? tws would let me enter a limit buy with trailing stop, but not a limit sell with trailing stop. I know I checked and double checked and triple checked

I think tws was confused because the limt sell was below 900 and the trailing stop would have been above 900. Maybe it couldn't do the math.

Do you mean a limit sell to take profit plus a stop loss? Why is the stop above?

Was it a cash account, trading stocks? There's some issue with it thinking that one of the orders (the cheaper) one has to be a short sale since they could both theoretically go active at the same time (i.e. if the market jumps suddenly). Of course, you can't do this in a cash account.

 

[profitseer]

Originally posted by alanm


Do you mean a limit sell to take profit plus a stop loss? Why is the stop above?

Was it a cash account, trading stocks? There's some issue with it thinking that one of the orders (the cheaper) one has to be a short sale since they could both theoretically go active at the same time (i.e. if the market jumps suddenly). Of course, you can't do this in a cash account.

no, just a simple limit sell to enter short with a trailing buy stop above. It would enter the limit sell but not the trailing stop.

The order read sell limit ask +1 with trailing stop 1.25

Just as well, I have no business fading

 

[mcdtrd]

Havent used IB trailing but heard that you need to set $1 or more. To be checked...