You set a trailing stop order with the trailing amount 20 cents below the current market price. To do this, first create a SELL order, then select TRAIL in the Type ...
If the price continues to drop, this time to $10.76, it will penetrate your stop-level,
How do I set a Trailing Stop order? · Log in to Phemex.com and click the Contract Trading button. · From your Open Positions tab, click on -/-(-) under the TP/SL( ...
will not be available on the deal ticket if you are placing a working order.
Learn how trailing stop orders can help traders seeking to control the price of their trades.
A trailing stop loss order lets you set a maximum loss you can incur on a trade. If the security price rises or falls in your favor, the stop price moves with it.
Two such techniques are stop-loss orders and trailing stop orders.
You could set a stop in positive profit territory, and make it a trailing stop.
A trailing stop loss order adjusts the stop price at a fixed percent or number of points below or above the market price of a stock. Learn how to use a trailing stop ...
If you buy a stock at $100 per share and you set up an order for the shares to be sold if prices dip to $90, you have placed a stop-loss order. You can set a stop- ...