Apiary Fund Blog

The Trailing Stop

[fa icon="calendar"] Jan 15, 2019 5:03:00 PM / by Apiary Support

Apiary Support

A Trailing Stop is a form of stop loss that moves with the price. Its benefit is that if market price shoots your direction but not quite to your take profit, then reverses; the stop loss movs up as well and the trade still closes for profit. Trailing stops are an option you can turn on or off for your stop losses and their use can greatly depend on your strategy. In the video below, Jason explains the trailing stop and also how to use it to pass your beeline achievement, "Use a Trailing Stop".

 

Topics: Trader Tips

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