Problem with Ib limit with trailing stop

Discussion in 'Retail Brokers' started by profitseer, Oct 28, 2002.

  1. anyone else have problems today? tws would let me enter a limit buy with trailing stop, but not a limit sell with trailing stop. I know I checked and double checked and triple checked

    I think tws was confused because the limt sell was below 900 and the trailing stop would have been above 900. Maybe it couldn't do the math.
  2. alanm


    Do you mean a limit sell to take profit plus a stop loss? Why is the stop above?

    Was it a cash account, trading stocks? There's some issue with it thinking that one of the orders (the cheaper) one has to be a short sale since they could both theoretically go active at the same time (i.e. if the market jumps suddenly). Of course, you can't do this in a cash account.
  3. no, just a simple limit sell to enter short with a trailing buy stop above. It would enter the limit sell but not the trailing stop.

    The order read sell limit ask +1 with trailing stop 1.25

    Just as well, I have no business fading
  4. mcdtrd


    Havent used IB trailing but heard that you need to set $1 or more. To be checked...