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