As If Trades -Very similar to a Profit Stop. We trigger an (As If) trade when a stock reaches our target but we feel that we may be able to get more from the trade by holding it rather than by exiting the position. The stop loss would be placed $0.20 away from our target price. This means that we are placing the stop loss (As If) we entered the trade at our target price. If the Trade continues to work in our favor, great, but if it doesn't, we still exit with a profit.

Example:

EBAY

Basket: STRONG

sup1 67.7
sup2 65.99
sup3 64.35

res1 68.6
res2 70.06
res3 71.69

Assume that the EBAY support plan was triggered as follows:

Buy EBAY @ 68.6, Target 70.06, Stop $68.4.

Assume we are in the trade and EBAY begins to accelerate. The stock appears that it is going to blow through our target of $70.06 as it nears the target. We decide that we could make more by holding the stock. We therefore adjust the call to reflect the trade (As If) it were triggered at $70.06. The (As If) trade would be:

Hold EBAY through $70.06, Target $71.69, Stop $69.86.

This guarantees us of $1.26 in gains and allows us to participate if the stock moves higher too.