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How to create an automated trailing stop limit order? - Printable Version

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How to create an automated trailing stop limit order? - Elorpar - 06-24-2018


Let's say I have a stock trading at $100. If it gets to $120 I want to have a trailing stop limit order initiated with a trailing amount of $1 let's say.
I only want the trailing stop limit to take effect once the stock reaches $120.
How to create an strategy to automate this process?