How do you get a trade to close automatically

[Technically Fundamental]

if you reach your target... I tried setting an order to open against my trade but it never worked. Is there a way you can just set a target and get it to close the trade there?

 

[KillPhil08]

It's called Limit Profit. Should be somewhere in the stops section of your SB, or as you said, reverse the trade at the target (include the spread).

 

[rawrschach]

use a limit order

 

[Technically Fundamental]

Where do I find this option on IG boss?

 

[Technically Fundamental]

Limit order! That takes more margin!!!!

 

[foredog]

In ig if you bring up a deal ticket there is an option there to enter a stop and limit when you open the trade.
Even if you put up a silly limit 500 pips away and then just amend it later. Won't alter your margin, only entry and stop affect margin, where you take profit has no bearing.

 

[Technically Fundamental]

(include the spread).

Sh*t

 

[Rossini]

No it doesnt? Why would it?

 

[Technically Fundamental]

checking...

 

[Technically Fundamental]

my mistake

need to include spread in that b*tch as well!

 

[Rossini]

What are you trying to trade?

 

[Technically Fundamental]

Forex mini, few bonds now and then.

Anything with low margins