Okey doke,
I am taking the Cisco futures course, and as ant and a few others who have taken the course know, one of the main strategies is a breakout strategy for swing trading.....Since I work during the day between about 11am-8pm, What I'm looking for is a broker that will allow me to set a stop or limit order at the breakout price, and if that order gets executed, a stop loss will automatically be set. I don't want to enter a limit order (or stop order) and then have to place my stop loss order, and then leave for work since I cannot actively manage my trades, because of course, if the stop loss order is hit, and the breakout price order is not touch , I'll be going the wrong direction, which could become a sticky situation....I have seen MB Trading offer this (unfortunately they do not offer the contracts I am looking for) and Button Trader is EXACTLY what I'd be looking for, the only drawback is that Button Trader does not hold orders overnight, so that would rule out being able to use it for swing trade. According to the programmer I contacted, he states open positions are automatically closed at End of Day. Other than that, Button Trader would be what I'm looking for. Does anyone have any alternatives? I can't wait until I'm able to actively manage my trades, but until then.......
If my question didn't make enough sense, please let me know and I'll clarify....Thanks in advance!
