trailing sell stop

Discussion in 'Order Execution' started by billyjoerob, Jan 14, 2013.

  1. If I put in a trailing sell stop like this:

    price: $2
    trail: .30
    stop: $1.85

    does that mean that the sell order will execute even if the trailing amount hasn't been reached, ie at $1.85?

    or what if I add a limit order (to the same order) at $2.05? does that mean no execution until stock reaches high of $2.25 ($2.25 - .20 = $2.05)?

    thanks
     
  2. gmst

    gmst

    Rather than asking ETers, get a papertrading account and try all these combinations. You will know the thing for sure and it will be ingrained in your brain after typing in 10 practice orders.
     
  3. Good idea.