To place a trailing stop loss, log into your chosen broker and, in the case of a long position: Buy shares at a particular price; Then set a trailing amount or percentage to limit losses.

The percentage level of a trailing stop loss depends on your risk tolerance. Some traders may try to limit losses at 5% to 10% below entry level while others may allow greater losses.

Your stop loss and your trailing stop loss can be at the same level. For example, if you are attempting to generate 6% in returns on a trade, you might initially have a stop loss that is 3% lower ...

A trailing stop is a stop-loss order that moves with the market price, protecting profits on a trade from a market reversal. Flying a plane is easy. Landing it is the challenge.

Your stop loss and your trailing stop loss can be at the same level. For example, if you are attempting to generate 6% in returns on a trade, you might initially have a stop loss that is 3% lower ...

Like a stop-loss order, a trailing stop is generally not a guaranteed stop level. If the market moves quickly, it is possible for the trailing stop to be triggered at a level that is worse than ...

Setting your trailing stop percentage can be done using a relatively vague approach. ... A stop-loss order authorizes your broker to sell or buy a stock when and if it hits a certain price.

5-Trailing Stop Methods. 1) you may use a Percent level below or above to change your stop loss. Once the stock reaches your take profit level you may increase your stop loss to a price that is X ...

A form of trading order called a trailing stop loss enables you to specify the maximum amount or percentage of loss you are willing to risk. When the market is moving in your favour, the stop ...