Originally Posted by
trungtu
Trungtu khoái cái câu cuối anh viết nhất! Về indicators,TT không vướng mắt vấn đề nhưng thiếu hiểu biết về Trailing Stoploss,anh chỉ dẫn thêm dùm.Đúng vậy đó,TT thường "dời" vị trí Stop và hơi bất tiện v́ uưnh rất nhanh nên nhiều lúc dời không kịp!
Đây muốn biết trailing stop như thế nào th́ có ngay.Tui viết cho mấy đứa cháu nên chịu khó đọc tiếng Anh.Tui copy và paste vào đây th́ nó chạy lung tung sửa hoài không được.
1-TRAILING STOP ORDERS :
+Trailing stops orders are designed to help you :
- *To protect your profits, or
- *To prevent you from entering (or exiting) a trade too early or on a false signal automatically.
+You can set the stop as a distance in either points or percent from the stock's current price.
+Many brokers base on different ways to calculate this distance and adjust trailing stops :
- *Base on current BID/ASK price (Bid for sell order; Ask for buy order) and adjust on an intra-day basis, tick by tick so you don't have to.
- *Base on current HIGH/LOW (High for buy order; Low for sell order) and adjust on intra-day basis
- *Base on the LAST CLOSING PRICE and do not adjust on an intra-day basis. For example, yesterday’s close is $20 and today the price runs up from $20 to $28 during intraday session and then falls back to close at $21.00, you will not be stopped out with a 5% trailing stop calculated on this basis, because price is still above yesterday's close, even though it has fallen 25% intra-day.
Check how your broker calculates trailing stops!
+After you submit your trailing stop order, the trailing stop level adjusts itself automatically, following (or "trailing") the stock's price, but moving only in a direction favorable to you, in accordance to the parameters you defined for your order. No adjustment is made when the price unchanged.
+All trailing stop orders are held at the brokerage until triggered. Once the price crosses the trailing stop level, the order is triggered and sent to the market center for execution as a market order, and executed at the prevailing bid or ask price.
+You can use trailing stop orders for the following types of trades: buy, sell, sell short, and buy to cover (to close a short position).
TRAILING BUY STOPS :
EXAMPLE : The distance of trailing stop is calculated basing on Bid/Ask price.
+Let's say you want to own stock XYZ
- *currently trading at $15
+You decide to place a trailing stop buy order with a trailing stop value of $1. OUTCOMES:
+Initially, your buy stop price will be $16.50 ($15.50 ask price + $1). +If the ask price falls to $15 , your buy stop price adjusts to $16 ($15 + $1). +If the ask price continues falling to $14.5 , your buy stop will fall to $15.5 (14.5 + 1). +If the ask price is unchanged, your buy stop price will remain unchanged at ($15.5).
+If the ask price reverses direction, rising to $15 for example, the stop remains at its previous level ($15.5 in this case) and will be activated if price reverses by more than the trailing stop value (at $15.5 or over).
TRAILING SELL STOPS : +The trailing stop value is calculated base on Bid price.
+The performance of the trailing sell stop is similar to the trailing buy stop only reverse. EXAMPLE:
+Let's say you want to sell stock XYZ - *currently trading at $15
+You decide to place a trailing stop sell order with a trailing stop value of $1(You can also set this value as a percent) . This means that you want to sell the shares when the bid price falls $1 from the highest point it reaches after order placement. In other words, $1 is the maximum you want your trailing stop level to be away from the prevailing bid price. Your initial trailing stop level, then, gets set at $14 -- or $1 below the current bid -- and the trailing stop will ratchet up if the stock price rises. If XYZ climbs to $18 without falling $1 at any point along the way, your trailing stop level will rise to $17, moving up in lock step with the bid price. If XYZ then dips below $17, your order will then be triggered and sent to the market center for execution as a market order. In the same way, if the stock had immediately fallen from $15 to $14, your order would have been triggered for execution at that time.
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