How to set Trailing Stop

[Young]

Hi

 

Anyone know how to set the trail stop in forex in the new platform? I have a open position It ry edit to trail stop but I can not find the option.

 

Thanks

[Caseynotes]

Hi ,  I don't think you can place a trailing stop on an already open trade, I may be wrong but have not heard of it being done.

[JamesIG]

So using my demo account as an example >>>

 

On your open positions...

 

Click add stop

 

Then the drop down on the left of that little box

 

Then on "normal" > "trailing"

 

... and set your parameters.

 

Hope this helps  

[Guest Thomas]

Can you open a position with a trailing stop when you are using a market order (because the market is closed or I am setting a purchase point at a level away from the current market price)?

As far as I can see you can not open a new position with a trailing stop. Currently I am having to go into the position after it has opened to manually change it to a trailing stop.

 

Thank you!

[Guest NadelinaIG]

Hi Thomas, you cannot open a new working order with a trailing stop.  Once your working order becomes a new open position, you can then add a trailing stop if you wish.