WebTrader and Trailing Stop question

Discussion in 'Trading Software' started by forex-forex, Nov 30, 2007.

  1. IB's WebTrader and "Trailing Stop" question.

    I sold a YM future contract @ 13384 today with the trailing stop set @ 13400, YM went way past 13400 without activating the stop. I thought trailing stops will move with your position and be activated during a reversal with 13400 being the starting point. Perhaps the trailing stop should be set at 16 (13400 - 13384 = 16) instead of 13400?

    PS....I ended up closing @ 13381 for a small profit so it worked out for me that the stop wasn't activated.