Stop loss-Iron Condor-TWS

[sarej]

Hello, I would like to ask. When you know how to set Stop-loss in TWS platform from Interactevebrokers. It is for IRON CONDOR strategy.

For example. I buy IC 178/180-188/190 on market SPY.
I have 40 USD credit.
I want to have Stop loss 80 USD.
What type of market order I use?
What price I make?
STP?
STP-LIMIT?
LIMIT?
And my order will, buy or sell?

Thanks!

 

[TskTsk]

I would use a conditional order. Once the ask price reaches >=80 then submit MKT order.