I am a new BBT on a trail membership, and also on a DAS demo account, getting used to the platform still.
I was wondering how members manage their stop loss once you start taking profits?, is there a way to auto adjust based on current position?.
For example if I enter Long with 500 shares, and set a Stop Loss for the same 500 shares, when I take a partial of 200 shares, I want the stop loss to be updated to 300 shares left.
Is there a way to accomplish it?, otherwise how do you manage it so you don’t suddenly end up with an opposing trade?.
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DAS Manage Stop Loss
in Day Trading Hardware, Software and Tools
Posted
Hello,
I am a new BBT on a trail membership, and also on a DAS demo account, getting used to the platform still.
I was wondering how members manage their stop loss once you start taking profits?, is there a way to auto adjust based on current position?.
For example if I enter Long with 500 shares, and set a Stop Loss for the same 500 shares, when I take a partial of 200 shares, I want the stop loss to be updated to 300 shares left.
Is there a way to accomplish it?, otherwise how do you manage it so you don’t suddenly end up with an opposing trade?.
Thanks
Simon