Support Board
Date/Time: Sat, 21 Dec 2024 14:38:03 +0000
Post From: Using trailing stops for entry
| [2013-03-26 23:46:48] |
| User76625 - Posts: 49 |
|
I thought the trailing stop order would do the job, but the stop level is not increasing with the market price. It stays at the level it was originally sent at. What I see happening is that the market is at 100 and I send my order to sell short once price falls below 99, and then the market goes up to 101, and my sell stop stays at 99. What I want to happen is for my stop price at which I'll enter a short position to also increase 1% if the market increases 1% before my original stop price is hit. |