Trailing stop order example. See how it works? Now you might be wondering… Why use a trailing stop loss? Let’s be honest. Jul 24, 2022 · The initial stop and the trailing stop. May 9, 2022 · A trailing stop order executes when the price of a security moves a percentage or dollar amount in a specified direction. Since a trailing-stop order becomes a market order when triggered, it behaves very similar to a standard stop order. Aug 28, 2023 · Trailing stops are not "orders" per se but a means to automatically move or "trail" stops (basic stop orders) that are already in place. Let’s look at some real-world examples where a stop-limit order could be a part of a well-planned trading strategy. 51. In this example, let’s say you would have purchased Apple at $112. A trailing stop loss is a trailing set on a market order, while a trailing stop loss limit order is a trailing set on a pending order after its activation or using the scripts described above. Trailing Stop orders are available on equities and single-leg options. If it is specified, a trailing stop order will be placed when the specified price level is reached. Aug 10, 2024 · Trailing Stop Conditional Order Contingent Order One-Cancels-the-Other Order (OCO) Stop Order Example . Equity Trailing Stop orders can be set with a percentage Jan 16, 2023 · There are three types of stop orders: stop market, stop limit, and trailing stop. . Feb 15, 2020 · A limit order is executed at any price equal, below (buy orders), or above (sell orders) the limit price. A stop order is a market order to buy or sell that gets executed once an asset reaches a specific stop price defined by the trader Jan 31, 2024 · For example, if the ATR is 10 and the trailing stop is set to 2x ATR, the stop level would be 20 points away from the current price. Technical indicators can be used to put in a trailing stop loss. Obwohl beide darauf abzielen, potenzielle Verluste zu begrenzen, gibt es einige wesentliche Unterschiede zwischen den beiden. In this example, we are going to set the limit offset; the limit price is then calculated as Stop Price – Limit Features of Trailing Stop Loss. Aug 28, 2023 · Let's say with the January 80 calls, instead of using the stop order to cut your losses, you use a trailing stop order of $1. 3. g. Let’s use a real-world example of a forex pair to illustrate this stop-loss order type. It is different from just a trailing stop. Let's say the current price is $100, and you set a trailing stop order to sell your assets at $30 below the market price. A trailing stop loss order adjusts the stop price at a fixed percent or number of points below or above the market price of a stock. 55% above where you originally placed the order. 50. And you’ll exit the trade if the price drops to $110. As a result, it serves as a seat belt for your position. We're going to show you a few different examples, starting with how to do a trail stop based off of $1 offset; second, we're going to do one with a percentage offset; and finally, at the end, we're going to talk a little bit more about For example, a sell trailing stop limit order sets the stop price at a fixed amount below the market price with an attached “trailing” amount. PlaceOrder command for more information on using the order entry macro for placing orders. shares, which have risen to $70. 65 using the order entry macro . Here are a couple of examples to illustrate how trailing stop orders work: Stock Example: Let’s say a trader purchases a stock at $100 and sets a trailing stop order with a 10% distance. Traders may Feb 17, 2024 · A trailing stop is an opposing stop order that can be set to automatically follow the price — at a specified dollar amount, percentage of price, or any other preset distance away from the current price — when the price is progressing in the direction of the trade. Placing a trailing stop in MetaTrader 4 is quite simple, as you’ll see below. Dec 28, 2021 · In our example of a stock purchase of $100, the trigger price would be $110 to start trailing. Example Buy trailing stop order. In each example, the stop was placed at a price based on a predetermined Jan 2, 2022 · Updated 9/25/2023 A trailing stop limit is an order you place with your broker. The title should quickly switch from Stop Loss to Trailing Stop Step 3: Fill one field (either Pips, Price, USD, %). 1850. 50 lower than the highest price the option attains. Investors open trailing stop orders when they want price protection. XYZ rises to $27. Jan 4, 2024 · The main difference between a stop-loss order and a trailing stop-loss is that a traditional stop is fixed, while a trailing stop moves with the asset’s price. To understand how a trailing stop loss works, consider the following example: Example: Suppose you purchase 100 shares of XYZ Corporation at $50 per share. Step 2: Select Trailing Stop. Jun 13, 2024 · Stop loss order Trailing stop order; Definition: An order to sell a security at a specified price to limit the loss. For example, you buy a share of the company for Rs 100 and do not want to lose more than 5% on the amount you invested. 20 in the Trailing Amt field. 50 in late October with a stop loss of What is a Trailing Stop order? A Trailing Stop order is similar to a Stop-Limit order, but a Trailing Stop order’s trigger price will follow the market when it moves favorably and will sell or buy with a limit order when the market moves against you. Mar 21, 2023 · Technically, the MT4 and MT5 platforms allow you to place a trailing stop only on an open trade. Narrator: A trailing stop order is a conditional order that uses a trailing amount, rather than a specific price like a normal stop order, to determine when to submit a market order. Apr 10, 2024 · Continuing with our Microsoft example from above, suppose you set a trailing stop order for 10% below the current price, and the stock skyrockets to $30 within a month. The trader wants to lock in a May 7, 2021 · A buy trailing stop limit order is the mirror image of a sell order. If the option moves up to $5, then the trigger price will become $3. A trailing stop loss order is an order type where the stop loss is also revised towards the target at the same tick rate when the market price of stock/contract moves in your desired direction. Trailing stop orders are stop market orders with a dynamic stop price. The trailing stop also locks in your profit once the price moves in your favour, unlike the normal stop-loss, which remains fixed below or above your entry price at all times. A trailing stop limit, however, is an order for the broker to sell the stock if it reaches the limit (should the broker be able to find a buyer for the stock at the limit price). If For example, a sell trailing stop order sets the stop price at a fixed amount below the market price with an attached “trailing” amount. Example of a trailing stop order. An order to sell a security if its price falls below a certain percentage or dollar amount from the highest price since the order was placed. The distance is measured in points. This helps traders hedge against risk, including significant losses. Set the trailing stop to a percentage that reflects a true price drop instead of a normal price fluctuation. Dec 1, 2023 · Trailing stop-limit orders can be especially useful in low float penny stock runners. Mar 22, 2017 · Stop-Loss Trading Recursive Indicators 2017 2017 Down Jones 10 Day Streak Order History Renko Bricks Fund Tracking Release 1. This is exactly where trailing stop orders come in, and can help you ‘automate’ parts of your trading or investing strategy. While for a regular stop order the stop price is characterized by a fixed value, a trailing stop order defines it as a distance from an asset’s current cost. Let’s check out how a trailing stop works: Sticking with this example, if you bought shares of XYZ at $120, you could enter a trailing stop order to sell your shares with a specific price, or percentage offset. Alan borrowed 1 BTC from Kate and sold it at $9,500. May 27, 2022 · The trailing stop technique is the most basic for an appropriate exit point, which maintains a stop-loss order at a precise percentage above or below the market price or above. With a stop-loss order, if a share price dips to a certain set level, the position will be automatically sold at the current market price, to stem further losses. These stocks can make big moves and this order can help you protect gains. Apr 11, 2024 · Example of a Stop-Limit Order . The main purpose of the Trailing Stop is to lock any potential profits. This means if the price goes higher to $120, your trailing stop loss is at $110 (120–10). For example, say a trader purchases stock, sets a stop, and then finds the entire position in the profit zone. For example, if you set it to 5%, then if the price moves up 5%, your stop-loss will move up 5%. You can use a trailing stop for both short and long positions. Fixed Point Value. The trailing stop changes in real time in response to price Deactivate the trailing stop when you detect that a market is in range or that we’re in a moment of high volatility, and instead use a classic stop loss until the market begins to return to the trend. You decide to set a trailing stop loss order at 10% below the current market price. Places a sell trailing-stop order of 100 shares for MSFT with a trail amount of $0. Stop-Limit Buy Order Example This function disables advanced order placement features (All or None, Buy on minus,Sell on plus, etc. But, the “limit” refers also to the type of order placed with the broker. Q: How to use a trailing stop-loss? A: You use a trailing stop-loss by setting a percentage or dollar amount “behind” the price. If the market keeps moving in the profitable direction, so does the Trailing Stop, always Mar 22, 2022 · For example, let’s say a trader owns 1,000 shares of ABC stock. When the market price falls, so does the stop price; when the market price rises, the stop price doesn't change. Jun 26, 2024 · Let's look at an example to understand the trailing stop order better: Imagine a trader, Alex, buys Ethereum at $2,000 per token. Here’s a step-by-step guide on how to place a Trailing Stop Order on Perpetual and Futures Trading. Once the Trailing Stop Order is triggered, it will be executed automatically, and you will not be able to cancel it. 4. Here is the Pine Script: A trailing stop is a type of contingent or conditional order that allows traders to automatically adjust the stop-loss level for an open trade position. Trailing Stop Limit. Consider an actual example of a trailing stop order in operation. Stop-Limit Order Examples. Learn how to use a trailing stop loss order and the effect they have on your investing strategy. Most beginner trading platforms don’t have the option for trailing stops, others do have it but it’s not a custom trailing stop order, they just offer “trailing stop-loss” and then there’s professional trading platforms that allow you to set trailing stop orders, chose the type of order (buy or sell) or any other parameters. parentId = parent. Jul 13, 2017 · Some brokerage firms use only last-sale prices to trigger a stop-limit order, while others use quotation prices. A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached "trailing" amount. Your trailing-stop order Mar 29, 2024 · Unlike a normal stop loss order, the trailing stop allows you to lock in profits automatically. This means the trigger price will be $1. orderId #When trigger price is penetrated order. Purpose: To limit potential losses by selling a security at a predetermined price. Trailing stop orders can be regarded as dynamical stop loss orders that automatically follow the market price. Then, your stop-loss will always move in that increment with the price. Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. Let’s look at some more examples of trailing stop orders so you can fully grasp the concept and possibly see how you can put it to good use. 52, we will put in a sell order the following day. Jul 11, 2023 · A trailing stop order is a conditional order that uses a trailing amount set away from the current market price to determine the trigger for submitting a market order. Placing a 50-pip trailing stop on EUR/USD after buying it at 1. Trailing Stop Loss orders trigger a market order while Trailing stop Limit orders trigger a limit order. You will trail with a metric or a technical indicator: Moving Averages are good trailing indicators as depicted on the first chart with the 15′-minute chart of QQQ. 42, then the stop will decrease as the stock price drops. There are several real-life examples of how Trailing Stop Loss and Trailing Stop Limit orders can be used in trading. Trailing Stop Trading Strategies Apr 7, 2023 · How to Place a Trailing Stop Order. totalQuantity, attachedOrderStopPrice) order. Tap Menu > Activity > Limit… to see Active and Expired TSO orders. As the market price rises, the stop price rises by the trail amount, but if the stock price falls, the stop loss price doesn't change, and a market order is submitted when the stop price is hit. Stop loss und trailing stop Orders sind zwei beliebte Risikomanagement- Tools, die von Händlern verwendet werden. Utilizing trailing stop orders effectively in trading demands a combination of strategic planning and keen market understanding. Using a 30% trailing stop, our stop-loss would be $8. A sell trailing stop starts with the stop price at a fixed amount below the market price. is trading at $155 and that an investor wants to buy the stock once it begins to show some serious upward momentum. To do this, first create a SELL order, then click select TRAIL LIMIT in the Type field and enter 0. This Investors often use trailing stop orders to help limit their maximum possible loss or as part of an exit strategy. To enable the Trailing Stop feature, right-click on an already open position and select “Trailing stop” from the pop-up menu. For example, a trailing stop for a long trade (selling an asset you have) would be a sell order and would be placed at a price below the trade entry point. 1850 means that if the price climbs to 1. A trailing stop loss automatically sends a trade order when the loss limit is reached. ). 9. Jan 9, 2021 · Trailing Stop Loss vs. Select the Trailing Stop Order you wish to cancel in the Active Tab. A trailing stop order works like a stop order, which is triggered once the stop price is reached and executed as a market order. Assuming stock XYZ has a current price of 10, you submit a buy trailing stop order with a 50% trailing ratio. This will keep your loss to 10%. ) We enter the trade at the high of the day, which is $6. Jun 13, 2024 · Stop loss vs. For example, an investor owns ABC Co. For example, setting a 50-pip Aug 28, 2022 · Here’s a trailing stop example: You bought ABC stock for $100 and your trailing stop loss is $10. Jul 18, 2024 · Yes, you can cancel a Trailing Stop Order order at any time before it is triggered. Here’s a look at what a trailing stop order is, how it works and how investors can use them to their advantage as a hedge against unexpected or unwanted price momentum. Let make the concept a bit simpler by considering one example. Trailing Stop Loss Zerodha Example. Trailing Stop Order. Change the entry condition on line 18 as needed. PlaceOrder. These adaptable tools can greatly improve trade management, but their success largely depends on applying best practices and recognizing scenarios where they offer the most In this stock market order types tutorial, we discuss the trailing stop loss order type, what it is, and how to use it when you are trading or buying stocks. How to set a trailing stop order in MT4. Apple Long Trailing Stop Example. Jan 29, 2022 · These orders work with long or short positions. Mar 6, 2019 · Trailing Stop Loss. Dynamic stop loss. Trailing stop orders are entered the same way as regular STOP_LOSS, STOP_LOSS_LIMIT, TAKE_PROFIT, or TAKE_PROFIT_LIMIT orders, but with an additional trailingDelta parameter. The first method that is sometimes taught online is to trail the stop loss by a fixed point value. Oct 25, 2021 · So long as the trailing stop is open, investors can have peace of mind. As time goes on, the shares jump to $33. Unlike a traditional stop-loss that uses a fixed price level, a trailing stop moves the stop price in a direction that is favorable to the trade as the market price fluctuates. Jul 30, 2021 · A stop-loss order tells your broker to sell a stock when, and if, the stock falls to a certain price. Alex decides to use a trailing stop order to protect his investment and potentially lock in profits. 50, your shares Feb 10, 2021 · # Attached order is a conventional STP order in opposite direction order = OrderSamples. A trader used a trailing stop order to manage a long position in EURUSD. Jun 26, 2024 · Key Takeaways. Aug 28, 2023 · Narrator: Hello, traders. Investors use trailing stop orders to protect gains. 17366, with a stop distance set at 25 pips and a trailing stop at a distance of 5 points. Fixed Stop Loss, Trailing Stop Loss, and Take Profit) to ensure that they have a well-rounded risk management plan. Investors should check with their brokerage firms to determine which standard would be used for stop-limit orders. For example, if Options and Stocks, US Aug 7, 2024 · The effective change, from the time the trailing-stop was placed until the order was triggered, would be 3. There are 2 common trailing stop loss methods that you should avoid. 50). You place a sell trailing stop loss with a trail value of $1. A trailing stop is a stop order that can be set at a defined percentage or dollar amount away from a security's current market price. He sets the trailing stop order 10% below the market price. So let's say that you set a trailing stop value of 25 pips. Now let’s use the same trade and instead of a stop loss order, you place a trailing stop of $3 dollars. This parameter must be within the range of the TRAILING_DELTA filter for that symbol. When the last traded price reaches 30,000 USDT, the Trailing Stop order will be placed, with a trigger price of 29,500 USDT (30,000 USDT - 500 USDT). Trailing Stop Examples. The trailing stop keeps you in the trade all the way over $121 and stops you out later around $117 when Apple gaps down in early November. Traders may adjust the multiplier according to their risk tolerance and the specific characteristics of the asset they are trading, ensuring the strategy is finely tuned to align with their trading objectives. Step 1: Click Stop Loss title This will open a dropdown Trailing stop loss Tradingview. Trailing stop-losses are similar to traditional stop-loss orders, but rather than remaining at a specific price level, a trailing stop-loss follows behind the price when it moves in a favourable direction. Nov 29, 2019 · Trailing Stop-loss Order (TSL) with Book Profit. For an example of a stop order, say you want to buy Company B stock, which trades at $25 To do this, first create a SELL order, then click select TRAIL LIMIT in the Type field and enter 0. trailing stop Order. The investor Oct 13, 2023 · How a trailing stop loss works. We will discuss what a … Jul 3, 2021 · Similarly, for buy trailing stop orders, the point distance between the target price will widen as the price falls. 28—stop orders use the best available market Navigating Trades with Trailing Stop Orders. A trailing stop is when you give your broker a stop-loss order which is a percentage below the market price. Jul 26, 2024 · What Is Trailing Stop Loss? Trailing Stop Loss refers to the percentage that can be fixed by an investor, below which, if the market price of a particular share starts decreasing, the system will automatically execute the sell order. Jun 4, 2023 · For example, if you buy Company X's stock for $25 per share, you can enter a stop-loss order for $22. Initial Purchase: Alex buys Ethereum at $2,000. This order type helps minimize the downside by cutting the loss that can be incurred. Jan 22, 2021 · A green line marks the level that triggers the activation of the trailing stop. Say that you buy 100 shares of Company A stock for $10. You can use these orders to protect your open position: when the market price reaches a certain critical value (stop price), the trailing stop order becomes a market order to close that position. If the price drops to $65, the trailing stop order adjusts to $68. 121 Strategy Selection - Revisited Timers Cheat-On-Open Trading Calendars Multi-Data Example Bracket Orders Trailing Orders OCO Orders Plotting on the same Axis A Trailing Stop is a type of stop loss order that automatically adjusts its stop price as the market moves in a favorable direction. If the investor in this example uses a stop-market order, when the trigger price or lower is reached, an order will be placed to sell the stock at the next available price. As the market price rises, the stop price rises by the trail amount, but if the stock price falls, the stop loss price doesn’t change, and a limit order is submitted when the stop price is hit. $200) Trailing Buy order follows a market price as it goes down and triggers Buy order if/when the price rises from its low by the amount set as the Trailing Distance. 1800 to 1. It can be used to protect profits generated through short selling or when trying to buy a stock that is bouncing off a market low. Apr 22, 2024 · Real-World Examples: Trailing Stop Orders in Action. 52 during the day but closes above it, we won’t sell. A trailing stop order is a stop or stop limit order in which the stop price is not a specific price. The trailing stop changes in real time in response to price Mar 18, 2023 · Trailing Stop-Loss Order . For a short position, place the trailing stop above the current market price Trailing Stop Orders A Trailing Stop order adjusts in price with favorable market movement on the security. On the App Jul 7, 2023 · Example of a Trailing Stop-Loss Order Though we’ve already given some quick examples of how a trailing stop-loss order might work in a practical sense, let’s run through it again. The investor wants to protect profits and places a trailing stop order to sell with a trailing stop price $2 below the current price. I'm Jeremy Kuhlman and in this video, I'm going to show you how to place trail stop orders on the thinkorswim ® desktop platform. They purchased the stock at $30 per share, and it has risen to $45 on rumors of a potential buyout. The initial stop order is placed immediately after the entry order is executed. A red line shows the trailing stop. Next, you need to select Trailing Stop level from the proposed values in another pop-up menu or enter your own by clicking the “Custom…” option. 1. For a long position, place a trailing stop loss below the current market price. But if Company X's stock drops below $22. Example of how a trailing stop works Standard Stop Loss Order. This helps lock in any potential profit, as Trailing stop loss example. How a Trailing Stop Order Works. A trailing stop-loss order is initially placed in the same manner as a regular stop-loss order. Think of the trailing stop as a kind of exit plan. 3 days ago · Traders and investors can enhance the efficacy of a stop-loss by pairing it with a trailing stop, which is a trade order where the stop-loss price isn't fixed at a single, absolute dollar amount, but is rather set at a certain percentage or dollar amount below the current market price that is constantly revised as the market moves up (for a Mar 17, 2023 · Trailing Distance for GC Trailing Stop orders can be set either as a % of the current price or as a hard number (e. If a trader takes a short position in a stock at $19. If the stock’s price moves in a favorable direction, the trailing stop price will move with the stock. 37 with a trailing stop-loss at $19. A trailing stop loss is a risk-management tool. 1900, your stop will move from 1. Narrator: You can help manage the risk of a trade by placing a trailing stop order. The example looked interesting at the time of writing (2023-09-04). Stop(“SELL” if parent. Here is an example of a trailing stop order. Now that you know the trailing stop loss meaning, let's explore its key features-Trailing stop loss orders are established to function automatically with stockbrokers and their investing software. The offset (in ticks) to determine initial price of the trailing stop order is specified in the 'trail_offset' parameter: X ticks lower than activation level to exit long position; X ticks higher than activation level to exit short position. See how they work, when and why to use them, and what risks they involve. Jan 30, 2023 · Learn how trailing stop orders can help stock traders who want to follow the trend while managing their exit strategy. A Trailing Stop order is a stop order that can be set at a defined percentage or amount away from the current market price. Apr 5, 2024 · Traders and investors can enhance the efficacy of a stop-loss by pairing it with a trailing stop, which is a trade order where the stop-loss price isn't fixed at a single, absolute dollar Jun 14, 2021 · In our trailing stop order example, we place a trailing stop limit order on Stock X. However, instead of remaining at a specific level, the stop price changes when the market price moves in a favorable direction. Nov 9, 2023 · How to add a Trailing Stop . You buy XYZ stock at $25 per share. Jun 11, 2024 · There are three types of stop orders: stop market, stop limit, and trailing stop. Another popular tool that traders use is the Trailing Stop. If the stock price rises to $110, the stop loss level will be adjusted to $99 ($110 minus 10%). Mar 31, 2024 · Knowing which trailing stop methods to avoid is just as important as knowing which ones to use. 00 – $1. Trailing Stop Order Examples. Trailing step determines how much the asset price should move (in your favour) for the stop order to be modified. This represents a profit of approximately $5 dollars. If the price drops $30 from your entry point from $100 to $70, your trailing stop order will be triggered and converted into a market order to sell. Jan 24, 2022 · How a Trailing Stop Loss Works . As the market price rises, the stop price rises by the trail amount, but if the stock price falls, the stop loss price doesn’t change, and a market order is submitted when the stop price is hit. The initial trade was entered at 1. 80 (4% above $65). The stock of a company is trading at $30 and you place a buy trade. See . Jul 31, 2021 · Here is an example of setting Trailing Stop Loss in MT4. Feb 10, 2024 · Traders may want to use a combination of stop orders (e. In a trailing stop limit order, you specify a stop price and either a limit price or a limit offset. Unlike regular contingent orders, the stopPrice parameter is optional for trailing Apr 7, 2023 · Stop-Loss Order; Stop-Limit Order; Trailing Stop Order; How to Place a Stop Order; Advantages and Disadvantages of the Stop Order; When should you use a Stop Order? Common Stop Order Mistakes; Stop Order Explained. Not only that, but it allows you to lock in even larger profits if the market continues to move in your favour. In this article, we cover the following topics: Example of a trailing stop order. With a trailing stop order, the trailing stop price follows, or trails, the price of the stock by a trail that you specify. Example of a Trailing Stop Order. It places a limit on your loss so that you don’t sell too low. action == “BUY” else “BUY”, parent. Continuing from the scenario above, XYZ has broken above the range top at $32, and your stop has been triggered at $32. (If it trades at or below $8. Q: When to use a trailing stop-loss? Jul 6, 2023 · Trailing stop order to sell (constant) example. Price unit example Percentage unit example; Place a new trade that includes a trailing stop order; Add a trailing stop to an existing position; Live Example 2: Short Position In another scenario, a trader takes a short position at $70 and sets a trailing stop order with a 4% trail. Jul 25, 2022 · Both stop orders and trailing stop orders activate a market or a limit trade upon their underlying asset arriving at the stop price. (We could also have put a trailing stop market order on it. triggerPrice = triggerPrice #The parent order will be turned into a STP order Oct 14, 2022 · But if price drops, the trailing price is unchanged, and the order will be carried out if the price hits the trailing stop price. Let’s now review a trailing stop order with Apple. Trailing Stop Buy Order Example. That means that if PVG closes at or below $8. A trailing stop limit order is triggered if the price of the security moves in the opposite direction of the trade, but only if the price swing surpasses the trailing stop limit. For example, assume that Apple Inc. How to Place a Trailing Stop Order on Perpetual and Futures Trading. Example. 2. The initial trailing stop value is set at a certain distance (offset) away from the Trailing Stop Orders What is a trailing stop order? A trailing stop order is a modification of a typical stop loss order that will trigger at a defined percentage or absolute amount away from the asset's current reference price (Index, Last, or Mark). In this example, we are going to set the limit offset; the limit price is then calculated as Stop Price – Limit Unlike a normal stop loss order, the trailing stop allows you to lock in profits automatically. So, the order's initial stop price will be 15 (10+10*50%). 50 ($5. As the market price rises, the stop price rises by the trail amount, but if the stock price falls, the stop loss price doesn't change. The chart should reflect two prices: Entry Price and Trailing Stop. Jan 5, 2024 · Finamark currently only supports value trailing stop orders. 52. As Jul 13, 2017 · Some brokerage firms use only last-sale prices to trigger a stop-limit order, while others use quotation prices. mlyy tkapsw frxb wxax qauzi oablhd tzv ptq lye cjrkkfkq