bgothard

Thanks SIUYA, but I think you misunderstand. I understand that I can do it manually, which is what I have done for several years. I want to know if there is software or a web site that will let me set up a cycle of Buy at $XX, Sell at $YY, Buy at $XX, Sell at $YY... When it sells, wait until the price goes back to $XX and buy again. Hold until it hits $YY and sell it, then repeat. If there is no money in the account, I don't want to buy more, even if the price drops. Just recycle the same money. I am not naive. In my opinion, I am gambling this money. I just want a free or cheap tool to automate these two repeating transactions.

Thank you in advance for any help. As a long time forum user, I know I am supposed to search/read old posts first, and I will, but until I know the right keywords, searches are unproductive and I really need a quick answer. Google searches for "automated/automatic stock trading software" get me expensive results; way beyond my current needs. I own a handful of stocks in a single company currently managed through a major brand name online brokerage account. I simply want to sell this single stock if it hits $XX and then buy it again if it hits $YY, and keep doing that indefinitely. I set a Sell Order with a Limit of $XX. I tried to set a Buy Order with a Limit of $YY and it will not let me unless the cash is in the account, which will not happen unless the Sell Order executes. I do not want to add money. I do not expect my transactions to exceed two or three per month based on my limits, and the profits after transaction fees will be less than the monthly subscriptions I have found so far. Am I being naive thinking that this should be easy to set up somewhere? What do I need to accomplish this seemingly simple goal?