pct_trail_stp

Function Name: pct_trail_stp

Tags: None

Category: Other

A Trailing Stop means is a stop-loss order set at a percentage level below the market price - for a long position. The trailing stop price is adjusted as the price fluctuates. The trailing stop order can be placed as a trailing stop limit order, or a trailing stop market order. Also known as a Trailing Stop Order. This is such a useful tool, yet many fail to use it. Using a trailing stop allows you to let profits run while cutting losses at the same time.

 

Link:       http://www.investopedia.com/terms/t/trailingstop.asp

 

InitialMonth
	Default Value: 1  |  Minimum: 1  |  Maximum: 12
	Type: Numeric
InitialDay
	Default Value: 1  |  Minimum: 1  |  Maximum: 30
	Type: Numeric
InitialYear
	Default Value: 2009  |  Minimum: 1900  |  Maximum: 2020
	Type: Numeric
FirstTrade
	Default Value: 1  |  Minimum: 0  |  Maximum: 1
	Type: Numeric
Percent
	Default Value: 12  |  Minimum: 0  |  Maximum: 100
	Type: Numeric