That sounds like a hassle. If for some reason you were to get stopped out of a few shares you're still stuck with the rest. If you can watch the stock all day this is fine, but if you are out living life you need the conditional order so you don't get stuck in a bad position just with less shares. I would argue that you would be willing to hold forever if you just skimmed down size. This seems like a road leading to a long-term losing portfolio. I try to help people win over-time.

OptionsHouse does offer conditional orders. Here read this page:

http://www.optionshouse.com/help/th...ng-help/complex-orders/?application-help=true

You want "order cancels order."