157. How to Use a Trailing Stop When Day Trading Stocks

http://www.informedtrades.com/

The next lesson in my free video course on the basics of stock trading which covers how to place a trailing stop order on the ThinkorSwim stock trading platform.

Category:

Howto & Style

Tags:

• trailingstop
• stoporder
• stocktrading
• stockmarket
• investing
• daytrading
• finance
• howto
• daytrade

[joshuacsk]

dear david,

just wanna tell u,

i appreciate your effort in making all these video. really impressive. =)

i am a newbie to option trading,

and recently i face an

unknown term of 'roll up' and 'roll out'

i not sure how it really works,

so i thinking whether you may be interested to making this topic?

sorry for the trouble. =(

looking forward your reply. =)

[InformedTrades]

Glad to hear form you and thanks for the comment. I have to admit that I am not familiar with those terms either, what was the context that you heard them? Best Regards, Dave

[kinouye]

is this through the platform..or through the website?

[InformedTrades]

Hey Kinouye, This is through the Thinkdesktop software so the platform. Best Regards, Dave

[BooBreezyTv]

GREAT STUFF!!! I just finished this module and it gave me a very clear understanding everything , from how the markets works to how to basically how to start trading stocks. LOVED IT!!! QUESTION. Which trading platform do you recommend for real money day trading?

[InformedTrades]

Hi BooBreezyTv, Glad to hear from you and thank you for the compliment. For real money daytrading I recommend the Thinkorswim platform. Best Regards, Dave

[justmeinnh2]

David, loved the right click and custom order! I knew there was a way to do it, but couldn't figure it out.  Thanks!

[mysteryuser2]

thanks! learned a lot!

[santhoshsats]

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[TeraStellar]

Well - it would be nice to get an explanation of other trailing stop choices. I'm looking to do 3% below and I don't know what the Link=AVG Price does. Avg for what period? 

[alvanwallen]

GREAT explanation of HOW to set up a trail stop!!! I will NEVER ever place a trade w/o setting a trail stop!

[TheFlannelshirt]

New live trading room using ThinkorSwim opening soon.

They'll be trading all futures markets.