Important
A Trailing Stop Loss automatically follows price when the market moves in your favor.
If the market reverses, the Stop Loss stops moving and remains at the last updated level.
What this means
A Trailing Stop Loss helps:
Protect unrealized profit
Reduce downside risk
Automate Stop Loss movement
The stop moves only when price moves favorably.
If price moves against the trade:
The trailing stop does not move backward
It stays fixed at the last updated level
The trade closes if price reaches the stop level
How to set a Trailing Stop Loss
Select the instrument from the Markets panel
Open the Order Panel
Enable trailing by clicking the “Trail” button next to Stop Loss
Set the trailing distance using:
Price distance
Ticks
Dollar amount
Percentage risk
Place the trade using Buy or Sell
How trailing movement works
As price moves in your favor:
The Stop Loss automatically follows price by the selected distance
If price reverses:
The Stop Loss remains fixed
The trade closes if the stop level is reached
Ways to adjust trailing distance
Trailing distance can be configured:
Directly in the Order Panel
By dragging the trailing level on the chart
Keep in mind
Trailing Stop Loss only moves in the direction of profit and never widens risk automatically.