Partial closes and trailing stops: what does your broker's platform support?
Partial closes and trailing stops exist on most platforms but with different rules: some trailing stops are client-side, some server-side, and partial close minimums vary.
Share:
- the broker and platform
- what works and what doesn't
- how the limitations shaped your exits
The order types guide explains the general mechanics.
Background: Market, limit and stop orders: which order type to use
The order types on a trading platform decide when and at what price you enter or exit. What each one does, and the mistakes that cost traders money.
What is the difference between a buy limit and a buy stop?
A buy limit is placed below the current price to buy on a dip. A buy stop is placed above the current price to buy if the price breaks higher.
Does a stop-loss guarantee the exit price?
No. A standard stop-loss becomes a market order when triggered and can fill beyond its level in a gap or fast market. Guaranteed stops, where offered, cost extra.
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