Say I have an ATM that puts in a target and a stop once a position is initiated. Then, if the trade moves favorable and I want add another position (same quantity as the ATM), is there a way to adjust the current stop and target to the new updated position? Right now when I add on a position, it submits new stops and targets....which creates two tickets in the broker platform. Thanks!
Quick example, buy 100 shares at $24 with a $1 stop/target ATM. Then buy another 100 shares at $24.50, but then a new stop/target is generated based on the new price. I just want to update the original stop/target from 100 to 200 shares.
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