I want to place a stop limit buy order with a stop loss once I have the position, and if I am out of the position because the stop loss is triggered I can automatically renter position if it reaches price point again?
For Example:
Lets assume current ES price is 390 and I place a buy stop limit order to enter ES future at 4000, and then have stop loss at 3999, and then price hits 4000 and it buys, then it hits 3999 and then it sells, however now I have no position, and then price hits 4000 again I would like for it to buy that position again with same stop loss at 3999. So basically if it hits $4000 i want to own that position for x number of contracts and if it falls below 3999 it automatically pulls me out.
Any help on this would be greatly appreciated!
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