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I want to know what security company, platform like Etrade, SwabTrade, Ameritrade?or other brokrage firm offert a trailing stop ? I use a Etrade platform but I dont see any option for Trailing Stop? :?:
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Fidelity has a trailing stop... $ or %. Just inviting slippage though...
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Rank: Advanced Member
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Any other platform has one? I dont know exactly, becasuse I am newbie to investing on etrade what is the diffrent between a stop loss and a trailing stop? because I am little confused... I use now a stop loss on 7% from a buying point.
G.stockman did you use a Trailing stop or stop loss? with one is better and how is work?
Thanks! :D
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Rank: Advanced Member
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So does Wm. O'neil and he's rich!
G.Stokman can you explain whole word what you wrote? I can't read a shorcut! sorry
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Rank: Advanced Member
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Look up William O'neil and Investor's Business Daily.
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Rank: Advanced Member
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Trailing Stop
A stop-loss order that is set at a percentage level below (for a long position) the market price. The price is adjusted as the price fluctuates.
ok, so If I have a stop loss at 7% how much a price is adjusted? Can I choose adjustment price on percent or a dollars? or is automatic increase? if yes how many point or percent increase?
Thanks!!! :D
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Ameritrade has trailing stops. I have not used them yet, but I have read they are available.
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Thanks, I just call and request Etrade to active my trailing stop loss web site so they did, free of charge, but still I dont understand one thing...
Trailing Stop
A stop-loss order that is set at a percentage level below (for a long position) the market price. The price is adjusted as the price fluctuates.
ok, so If I have a stop loss at 7% how much a price is adjusted? Can I choose adjustment price on percent or a dollars? or is automatic increase? if yes how many point or percent increase...?
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Hi Konrad -
A trailing stop simply means that you want to get out of your trade if the price of your security drops below 7% (or whatever you set) of the highest value....
This is the simplistic view...
So - You buy at $100 - your stop is at $93. Your security can go down to $94 without getting you out of the trade automatically but if it drops below $93 - you are out.
If you security goes up to $150 (without going below the original $93) you stop is set at $139.50.
See - the trailing stop sort of follows along behind you - but never goes backwards.
Now - a stop loss (same scenario - buy at $100 - goes up to $150) will sit at $93 without following you up the price ladder.
Hope this helps!
M
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Rank: Advanced Member
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A trailing stop is automatic increase ? or I need to move it mannualy? by changing order?
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Rank: Advanced Member
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A trailing stop will follow you automatically. A stop loss you will have to move yourself...
:) M
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Scottrade has trailing stops. I have not used them.
(I BELIEVE IT’S CORRECT)
Buying and Selling (Ex. ABC current price is $20)
Want to establish a Long Positions
Buy Limit
Buy price is set below current price on a limit order
Order would be buy limit $19
Buy Stop
Buy price is set above current price on a stop order
Order would be buy stop $21
Want to sell a Long Positions
Sell Limit
Sell price is set above current price on a limit order
Order would be sell limit $21
Sell Stop
Sell price is set below current price on a stop order
Order would be sell stop $19
Want to establish a Short Positions
Sell Limit
Sell price is set above current price on a limit order
Order would be sell short limit $21
Sell Stop
Sell price is set below current price on a stop order
Order would be sell short stop $19
Want to cover a Short Positions
Buy Limit
Sell price is set below current price on a limit order
Order would be buy to cover limit $19
Buy Stop
Sell price is set above current price on a stop order
Order would be buy to cover stop $21
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Rank: Advanced Member
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Location: connecticut,USA
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Hey investorretire! or other members!
Is those order used in a stock , mutual funds, bond? option? or is just reflect to stock?
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