Does TWS support a time-based stop order?

Discussion in 'Retail Brokers' started by elitetradesman, Oct 9, 2013.

  1. I want to close out my position if neither the profit target nor the stop loss are hit within a given period of time.

    Does TWS have a stop market order that is triggered after a certain time?

    Thanks
     
  2. Yes, it does.

    They can also be a part of OCA groups if you have a price stop as well.
     
  3. Thanks, how do you configure one on TWS?
     
  4. yes, it is doable. You can set the effective time of the order,e.g. oct. 31, 2013, 12:00pm.
     
  5. Does Ib have time based stops where the stop can be adjusted every x minutes. ex With XYZ at $102.00 Sell stop at $100 gets cancelled and modified to $100.10, $100.20, $100,30..... by 10 cents every 10 minutes?