How to Place Trailing Stops on Webull

Опубликовано: 22 Октябрь 2024
на канале: shortthestrike
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Webull (UP TO 12 FREE STOCKS): https://a.webull.com/KJLaoiDnnHrFKovdOg

Today we’ll learn how to place a trailing stop within the webull desktop platform. Unfortunately, at the time of this video you’ll only have the ability to attach a trailing stop on stock you already hold in the account. That’s unlike a standard stop, or stop limit, which can be attached to a brand new trade.
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A trailing stop order is a conditional order that uses a trailing amount, rather than a specifically stated stop price, to determine when to submit a market order.

This means you can set an offset amount rather than a specific stop activation price. This amount can either be a dollar amount or percentage amount.
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