Let’s say I have $10,000 of stock ABC currently trading at $100/share. And let’s say I’m currently eyeing stock XYC trading at $200/share but I currently don’t own any shares of it
Now if XYZ drops below $190/share and ABC is still trading at >$95/share, I want to move ~$2,000 from stock ABC to stock XYZ.
Of course I can manually track both stocks and manually buy/sell accordingly. But is there a way to automate this? I currently use Etrade as my broker, but willing to look at other brokers if they offer this functionality.
Submitted September 25, 2020 at 06:23PM by DogtorPepper https://ift.tt/2GdoVid