The invention relates to a computer-implemented method of trading
securities, a computer-readable medium carrying one or more sequences of
instructions for trading securities, and a computer program product for
use with a graphics display device. The program determines a reference
price for the security, monitors the value of the security over time, and
receives an input corresponding to a differential in the value of the
security. A trigger price is determined for the security as a function of
the differential and the reference price. The program liquidates the
security after determining that the value of the security reaches or
passes the trigger price in a first direction. After liquidating the
security, the program automatically acquires at least one position in the
security when the value of the security reaches or passes the trigger
price in a second direction opposite to the first direction.