Automated Stop Loss

Discussion in 'Automated Trading' started by vvtrader, Aug 3, 2006.

  1. vvtrader


    I am looking for a trading platform or software which can allow me to have automated stop loss placed on all my entries. Do
    anyone on ET have any suggestion? Pls advise. Thank you in advance.
  2. NinjaTrader
  3. hcking


    just about any trading system worth a damn will have it
  4. vvtrader


    HcKing, I don't mean manually placing a stop. What I mean is something like having a $50 stop loss for both my long and short trade as default.
  5. If you have IB you can program hotkeys for your long/shorts with attached (trail)stops (and a target if you want to) to be used in the DOM/orderbook. One click will place the open order with attachments, hey presto.

    For more complicated scenario's you can use one of the front-ends (ButtonTrader, Bracket, Zeroline, Autotrader and Ninja)

  6. vvtrader


    That's great info. All I need to do is to have my long and short entry attached with a stop loss something like 50 cents. And I trade stock. You think the hotkey will do the job? Thanks.