Can I scale out of a position using an attached Stop Loss order?

A Cash account must have enough cash to cover the cost of a position plus commissions and can never hold a negative cash balance. When placing a Market order (or Stop order), the order value cannot be known with certainty prior to execution as the market can move in any direction at any moment. Because of this, an extra 5% is added to the order amount at the credit check step for Market type orders to account for market movements. If you receive an order rejection for not enough Settled Cash when you do in fact have the Settled Cash to execute your order at your desired price and quantity, try using a Limit order (or Stop Limit order for a Stop) or reduce the MKT order size…

When creating a Trailing Stop order, enter your desired "hard" stop price into the Stop Price field. This acts as a "hard" stop and becomes active as soon as the Trail Stop order is entered.

For example, when creating a Sell Trailing Stop order you want to use a USD 1.00 trailing amount but also want to set an initial "hard" stop price of USD 0.50 from the current bid/ask/last. You will want to enter 1.00 in the "Trail Amount" field and enter a value into the "Stop Price" field that is USD 0.50 less than the price that the contract is currently trading. If the contract's price starts trading higher after the order is entered, then the calculated Trailing Stop sell price will follow by the trailing amount of 1.00 you entered in the "Trail Amount" field. Once the calculated Trailing Stop sell price passes the initial "hard" stop price you entered, then the calculated Trailing Stop price becomes active as the order's new stop price. Please note that the "hard" stop price you entered stays set at that price, so if the contract's price trades lower this "hard" stop will trigger…

Client Portal allows one to enter basic order types (Limit, MidPrice, Market, Stop, Stop Limit, Market on Close and Limit on Close) and attach a profit taker and/or stop loss at the time of placing the order or once the position is on. You can create a profit taker and/or a stop loss order when placing the parent order by first selecting your quantity in Shares then under Attach Orders toggle on the Profit Taker and/or Stop Loss. After you have a position, you will need to select Portfolio then on the position row click the three vertical dots and choose Exit Strategy. From the Exit Strategy window you can toggle on and off your Profit Taker and/or Stop Loss…

Depending on your configured Order Presets you may not be able to modify the price of your open Bracket order's attached legs. In the Target Order (Profit Taker) and Stop Loss Order sections of the Order Presets window there are check boxes for "Apply Offset to Parent". If you check this box the Limit price for Attached Target orders and the Stop price for Attached Stop Loss orders will be set relative to the actual trade price of the Parent order. If your Bracket orders are configured this way you will not be able to edit the prices for the child Stop Loss or Profit Taking legs of your active Bracket order. If you want to be able to modify the prices for the individual attached child legs of a working Bracket order, then you need to leave the boxes unchecked.  …