Trailing Orders

Trailing Orders

So I ran a demo on TD Ameritrade for awhile and had some success with trailing orders. My question is has anyone here been able to use a trailing stop BUY order? Like I know I can use trailing stop losses…. but I would like to have something trailing so that it continues to move as the prices goes either up or down in order to get in at "the best price"?

Just to clarify. I am not talking about exiting a position. I am talking about an order that trails the price in order to get into a position.

Submitted October 04, 2020 at 07:01AM by josey3738
via https://ift.tt/3jvBq7M

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s