IB Trailing Stop Manager

Places IB native TRAIL orders against stocks and naked LEAPS in the portfolio. IB auto-adjusts the stop trigger as the price climbs and locks it as price falls.

PMCC positions are intentionally excluded — use ib-stop-loss for those (a standalone trailing stop on the PMCC long leg would break the hedge at trigger).

Default mode is dry-run — no orders are placed unless --execute is in the request.

IB Connection

TWS or IB Gateway must be running locally with API enabled:

• Paper trading — port 7497
• Live trading — port 7496

Port fallback: If the configured port fails, automatically retry on the other port. If the retry succeeds, save to memory which account type worked (live/paper) and reuse it for all IB skill calls in this and future sessions — until the user explicitly asks for the other account. If both ports fail, ask the user to verify that TWS or IB Gateway is running with API access enabled.