Although I understand that people advise against such a strategy, I'm trying to come up with the best way to exit long equity positions at the open. I'm trying to devise a way that would, on average, get me the best price possible, or, at worse, as close to the opening price as possible. Some ideas I've come up with so far: 1) Trailing stop with a very tight (5c-10c) trail. 2) Sell limit order at the opening ask, modifying downward if the ask drops. Shore up with a fixed stop at a) the entry price if it looks like a gap up, b) 1% below the entry price if it doesn't. 3) OCA order with a sell limit order at the opening ask, bracketed on the other end with a 5c-10c trailing stop. 4) Sell market order at the open. I manage upwards of 7 positions at any one time, so it would be difficult to execute a strategy that requires I make too many on-the-fly modifications. Are there traders out there who have implemented a good method of exiting at the open that they are willing to share? Also, I use IB. Is there any software that I can use (NinjaTrader, Bullet Trader), that would help me with this issue? For example, I know that NinjaTrader can perform simulated stops. Can they also do simulated trailing stops? Any advice would be greatly appreciated!