hi, would appreciate anyone with Interactive Broker account could advice IB open position is able or unable to adjust/amend/add/delete stop/trail and/or limit for existing open position.
IB custmer service told me IB platform does not allow open position to adjust/amend/edit/add of stop, trail and/or limit!!! Which I find is totally rediculous, as such feature are most basic, especially if wanna apply take half position and adjust stop/trail/limit for 2nd half to gain free trade or control loss.
anyone sharing would be greatful. as i could figure out it can be done so n not sure if the custoomer service really know their own stuff, or if is true, then may b IB is not good as such basic feature are essential.
tks n rdgs,
The total maximum margin position that can be held in each tradable security, regardless of the leverage used, the number of trades made for that security and the use of derivatives that reference to the same product, is limited to $ 400,000. In particular, this means that for instruments that give the possibility to use leverage, such as Forex or Futures, the limit applies on the initial margin requirement required to open the position, not the notional of the underlying security.