In addition to market, limit and stop
orders to open and close positions when your stock hits a
specified price, trailing stops are available that trail
favorable positions, locking in profits until the market
reverses.
This allows you to track the rise of a
stock and now the levels in which your profits will be locked
in.
The SMC Trader allows you to easily alter
your non executed trade orders (for free), and establish 'One
Cancels Other' (OCO) orders.
With a single trade you are able to
establish related orders. For example, if BHP is trading at $27,
you can set a stop loss for $26 and a take profit order for $29
for example.
If one of those orders gets triggered, then the
other corresponding order will immediately be cancelled.
This SMC Trader allows you complete control
over your trading.