Trailing Stops

Discussion in 'Trading' started by Corona, Aug 26, 2002.

  1. Corona


    Datek and IB are the only brokers that I am aware of that offer trailing stops.


    Are there other brokers offering trailing stops?

    Can anyone comment on their success (or lack thereof) using the Datek trailing stop.


    Are trailing stops held in the Broker's computer until the stop is reached and then sent to the exchange as a limit order?
  3. zxcv1fu


    If you uses direct access broker you can use ARCA for trailing stops. They are held in the computer server so no one will see it.

    I do not know others have it. Datek has stop order but it is held in the floor for the public to see. I do not know Datek has trailing stop, will check it out tomorrow.