From what I can see with Westpac's Conditional Order's, you can...

From what I can see with Westpac's Conditional Order's, you can set a price that you want your SELL triggered, but you can't set 'TRAILING' SELL orders. Basically, what I want to do is sell only when the SP drops by 0.01 from it's initial peak. IE: I buy at 0.01. SP peaks at 0.05, then falls back to 0.04. I want to set my SELL to trigger on this condition(and not by specifying the 0.04 prioe as I didn't know what the peak would be at start of trading). Anyone know if this is possible. I should call up Westpac, but was on HC so I'll try you guys first.

Regards, ASXI1.