I'm new to IB and also new to using more complex stops & limits. I want to Buy stock that is rebounding and experiencing an up-trend. For now I'd like to: -Set a higher BUY to trigger at a breakthrough point (trending up) -Once triggered, include a stop-loss at a price I specify in case it turns negative Eventually I'd like to do the above, but also: -Change the stop loss to a trailing-stop once the trade becomes profitable by an amount determined by me (ie, say.. 0.5%?). The trailing-stop would also be adjustable by me. Right now I'm using IB demo, and I can't figure out how to buy at a higher price. If I set a higher BUY stop-limit or limit, it triggers a buy at current price (since it thinks its saving me money) thanks for helping. Pretty new to this
Nevermind, I figured out. Somehow it wasn't working right, now it is. Probably my fault! Ok, now I can accomplish everything I'm asking for. The non-funded demo version doesn't allow all options (like profit-taking 'trailing limit' attached to a buy order). But I can see where to attach it, and also attach a sell stop-loss