![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, September 23, 2010 1:09:12 PM
In a Trailing Stop E-trades system calculates each day's trading and compares that to your TSO. You set your TSO as a $ or % value behind the share price. As the share price increases your TSO follows it. Then, if the share price reverses and then hits your TSO it will trigger an automatic Market Sell order in the system. At that time and only at that time does the Market see your order.
So, if you are going to use Stops then my advice is to use TSO's. However, your TSO would have been triggered today also, more than likely. So, you may want to use Mental Stops if you know you are in a volatile stock.
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
POET Technologies Reports Second Quarter 2024 Financial Results • POET • Aug 15, 2024 8:04 AM