Trailing Stop Buy Order at Buying

Trailing Stop Buy Order. The current eth rate is $430, john places a trailing buy order at $400 and sets the price deviation to 10%. About press copyright contact us creators advertise developers terms privacy policy & safety how youtube works test new features press copyright contact us creators.

Trailing stop limit order fixes the price at which the. With a trailing buy order, the stop price follows or trails the lowest price of the crypto asset that a trader sets. A buy trailing stop limit order is the mirror image of a sell order.

Forex Trailingator Rita Lasker Software Review Forex

It can be used to protect profits generated through short selling or when trying to buy a stock that is bouncing off a market low. Using a 10% trailing stop, your broker will execute a sell order if the price drops 10% below your purchase price. As the stock price rises, the stop moves higher too, locking in profit and reducing the risk of a loss. With a buy trailing stop order, the stop price follows, or “trails,” the lowest price of a stock by a trail that you set.