Pittsburgh + West Virginia
Posts: 1 since Jul 2019
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Hey all,
Had a question with regards to formatting the following idea I'm attempting to test:
Say XYZ is trading currently at 20.00/share. Is there a way to place the following order:
1) Order placed at 20.00.
2a) If XYZ reaches 20.50, execute buy order with condition of selling stop 20.75.
2b) If XYZ reaches 19.50, execute sell order with condition of buying stop 19.25.
If 2a is executed, 2b is cancelled. And vice versa. If price bounces from 19.51 to 20.49, no order is executed
Essentially, this is a scalping type trade for a quick in-and-out.
Thank you in advance.
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