Hi,
I posted this on the TradeStation Forums ... but they were less then helpful
So I thought I would try you all ... and see if I couldnt get some help. Basically I'm looking for either how to do this order, or if you do something similar if I could use your order as a template that would be great as well. Below, I will copy/paste the original Post ...
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I am new to TradeStation and was wondering if the platform was capable of handling this order ...
I scalp the YM and would like for my protective stop to move with profit.
What I was thinking is something along the lines of ...
Enter at Market
Once I have 5 points profit in the trade I would like to move my stop to break even.
Once I have 8 Points, then move the stop to 5 points profit.
Once I have 10 Points, then move the stop to 8 Points Profit.
Once I have 15 Points, then either trail the stop by 3 points (or if its easier ... put my stop to 10 points with a final target of 20 points)
This way, the trade doesnt end until I am stopped out.
Is this possible?
Thanks
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Any insights into how I might accomplish something like this would be greatly appreciated.
Travis