You can do it on every exchange. You simply place stop loss sell order at -5% and take profit at -10%. For upward movement you place stop loss buy order at +5% and take profit at +10% calculated on current price. Hope that solves your problem?
Thanks, but I simply fear the slippage will kill this kind of trade for me. It will be huge IMO, but if you don't expect a 5% move I guess you don't expect much slippage either so that is fair.
Anyways, I put my money where my mouth is and the bet is open for anyone who wants it, so I guess I am now at least entitled to come back to gloat (or apologize to you) when we see the results. Good luck!
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