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Trailing Stop for Longs and shorts?

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    Trailing Stop for Longs and shorts?

    Hello,

    will a trailing stop work for both long and short orders?

    When I try to put in discretionary stops for sell orders (above the price), it won't take them.

    I was just wondering if short automated orders will take them.... thanks so much.

    #2
    crimsonite,

    Yes, trail stops can be used to protect both long and short positions..

    This doesn't mean that a sell stop order is accepted above the last traded price though. This order wouldn't be accepted anywhere you place it.
    Ryan M.NinjaTrader Customer Service

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