With IB TWS, can I setup one or two orders to close a position when the price moves at either direction. e.g. AAPL is traded at $100, I want to close my long position if the prices drops to $99 or reaches $101, is this possible? Thanks!
Stop order on both directions with IB TWS
- Thread starter hurricane_sh
- Start date
conditional order
Yep. One cancels other (OCO), encompassing a limit order at 101, and stop market order at 99.