Trailing stop loss can also be used for closing off short options positions like a Naked Call Write or a Naked Put Write. When closing out a short position, you need to buy to close the position on the ask price and would want to do so when the price of the option appreciates. As ...
A trailing stop can also be applied to a short position. Here, the stop will move lower as the price falls. Crucially, the stop loss only moves in the direction of the trend, never back. This means the only risk of losing more than the trailing stop amount comes from slippage or an ...
The only action that trader should make - is to give an order for broker to set the level of protective stop. In other words, you must set Stop Loss on position (or open position with this level set). Setting the Stop Loss is done using the "Modify" context menu command in terminal....
In the previous article, Cross-Platform Expert Advisor: Stops, it has been shown how the CStop class can be used to set stoploss and takeprofit levels for a given trade in a cross-platform expert advisor. The said levels can be expressed in terms of pips or points. However, in a good...
Will a Trailing Percentage Stop Loss to sell be established off of the current stock price or the current bid price? Michael R. Lewis Business Advisor Expert Answer Stop orders are executed based upon actual transactions, rather than the bid and offer price. Once the stop is triggered with ...