basket order - conditional

Discussion in 'Order Execution' started by oreste33, Apr 27, 2020.

  1. oreste33

    oreste33

    Hello

    If
    I create a "basket" sell order
    e.g. including 4 titles

    Could I
    put a "condition" of SELL
    valid for the whole basketball

    e.g.
    sell all 4 shares when the overall PL of basketball
    is equal to $ 50


    Is it possible ?
    Or is there another tool to do so ?

    thanks
     
  2. ajacobson

    ajacobson

    Look at Motif investing. Not 100% certain they can do it and offered into your geography, but first broker that comes to mind.
     
  3. oreste33

    oreste33

    Hello - I asked them but they don't offer it - Some other brokers to try ask or other forums ? or other solution ...;) - thank you
     
  4. Alfred326

    Alfred326

     
  5. Alfred326

    Alfred326

    Other posts here suggest Sterlingtradingtech.com and Realtick.
    I have looked at the IB Trading Tools manual and cannot see an answer.
    I have submitting a ticket to IB asking the question about a Basket Profit Target Stop and a Basket Time Limit Stop.
     
  6. Alfred326

    Alfred326

     
  7. Alfred326

    Alfred326

    Bad_Badness likes this.
  8. I used bracket trader for a while. Amazingly solid. Never had a problem. The beauty of KIS. No time based feature when I used it.