Watch the market while your trade is active, and wait for either your target or stop loss orders to be filled. If your trading system includes any target or stop loss adjustments, then you can adjust your target and stop loss orders accordingly via either TWS or your order entry software. Depending upon your trading system, you may need to wait anywhere from a few minutes to a couple of hours for your trade to exit. Be patient, and do not be tempted to adjust the trade if this is not specified by your trading system.
Making your First Trade
By Adam Milton, About.com Guide
Explore Day Trading
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