Trailing stop order

A trailing stop moves the stop trigger behind the price by a fixed amount or percent as a trade goes your way, and stays put when it turns. It locks in part of a gain without picking a target, and like any stop it fills at market in a gap. Check which order types your venue offers.

Go on

In the help centreSee the order types available on Mochatrade
  • Stop-limit orderA stop-limit order becomes a limit order, not a market order, at its trigger. It refuses a bad fill in a gap, and that…
  • Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…
  • Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…
  • SlippageSlippage is the gap between the price you expected and the price you got. It comes from the spread, from a thin book…
  • Max slippageMax slippage is the setting that caps how far from the quoted price a market order may fill; beyond it the order is…
  • Payment for order flowPayment for order flow is a wholesaler paying a retail broker to send it customer orders, which it fills inside its…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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