iv'e never used IB's trailing stops before so im unsure about something.
lets say i place a long position with a -2.5 trail stop....if i place a limit sell at 3.25 above my entry price (target profit) and its executed will the trail stop automatically dissapear after exacution of the limit order or will it turn into a short?
lets say i place a long position with a -2.5 trail stop....if i place a limit sell at 3.25 above my entry price (target profit) and its executed will the trail stop automatically dissapear after exacution of the limit order or will it turn into a short?
