What is Trailing Stop Limit | Trailing Stop Limit vs Trailing Stop Loss

What is Trailing Stop Limit | Trailing Stop Limit vs Trailing Stop Loss
In this Video:
0:00 Introduction
0:22 What is Trailing Stop Limit
0:55 Trailing Stop with examples
#TrailingStopLimit #TrailingStopLoss
What is Trailing Stop Limit by Alex Klingelhoeffer from Exencial Wealth Advisors.
ExencialWealth.com
Follow Alex on Twitter @
/ okccfacfp

[@ExencialWealth]

Thanks for watching! Please comment here if you have any question.

[@jodynickerson985]

FINALLY! a clear explanation. Would be better with graphics but your explanation was simple and easy to understand. Thanks!

[@johnrandles9957]

Thank you for the clarification. I spent all day trying to get a clear explanation of the difference, with no luck. Now I know. Cheers.

[@thefacewhisperer6870]

Thank you!! You made that so easy to understand.

[@nlabanok]

Best explanation I've found for sure...thank you for the content and for sharing !

[@Ydoit]

Thank you Sir! Great information.

[@lacylace3175]

Thank you🙏🏽

[@amyfowler7728]

Thank you!

[@sarahmariejoseedasilveira4495]

Thanks

[@williamthomas8135]

from merrill... I get this warning message: "The limit trail cannot be less than the stop trail for a trailing stop quote limit order. Please update your instructions"

[@gamalabd]

Nice and simple, thanks dude,
What I need to sell once it hits a certain price and pulls back?
for example if Amazon hits 5000 $ and pulls back to 4500 I need to sell immediately.
(But not before it hits the 5000)
How can I formulate this stop order ?

[@bgd73]

I have not found an explanation yet. How about ticks as trailing limit, bid ask or LTP? ..with no option for market, or limit?

[@vegasvato55]

When i make a buy order with a stop loss set
Once the order becomes Active, do i own the stock or is the stock held in escrow until the lower limit is hit, and the order has been filled?? If i buy the stock, i want to protect myself against the immediate drop, but if the stock goes up can i cancel the limit order and own the stock ??? Once the order becomes active, can i cancel the order, hang on to the stock and set a sell limit to protect my investment????