How do I set a Trailing Stop Loss?
You have the option to set a Trailing Stop Loss as soon as you open a trade or at any time thereafter.
- Click 'Stop Loss' in the Open Trade window
- Tick the TSL checkbox that appears underneath it.
- Click ‘Open Trade’ if you are opening the position, or ‘Update’, if the trade is open.
You can enable or disable TSL for an existing trade at any time.
Every time you edit your Stop Loss manually while TSL is enabled, the pip distance between your Stop Loss rate and the current market rate is updated accordingly.