stop loss question

[treehead]

I wish to use the stop loss when trading.

Eg: If I place a lay order at 2.0, then have a 3 tick stop loss and catch the swing and place a back order at 2.12, I want the lay stop loss order to automatically cancel and to prevent a stop loss been placed on the back bet.

Is this possible?
Thanks

[GaryRussell]

How do you decide when to trade out? Are you watching the market and placing the back order at 2.12 manually or have you decided in advance that you want to lay at 2.12? If you are watching and trade out manually then after you have traded out click the "Cancel stop loss" button.