#12856097, By jrmat Gamestop stock shenanigans

jrmat 20 Feb 2021 21:30:10 283 posts
Seen 2 days ago
Registered 4 years ago

I use IG to trade US stocks and it's quite good.

However I would like to place a trade and then open a limit order AND a stop order. So the stock will automatically be sold if it reaches a price target or be stopped out if it falls below my risk level.

At the moment with IG I have to set alerts and then do it manually when a stock reaches my targets, which is really cumbersome unnecessarily manual.

I'd scale out of the position as the stock hopefully rised.

E.g. I buy 100 shares at $10, have a stop at $90 where I'd sell all 100 shares. Every $10 increment above $10, so $20, $30 etc. I'd sell 10 shares, eventually selling the final 10 shares as $100.

Anyone know a broker where I can set all of this up?