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G'day all,
I'm playing around with a trailing stop trying to maximum what I can get
when I'm in a trend. When I plot the trailing stop so I can get a visual
(eg: 10% below price) , how is the trailing stop ever triggered if it is
constantly changing in relation to the price?? I know I'm not thinking
of this correctly, but what I have in my head is a "trailing stop" that
rises with price but NEVER falls. If the price takes a downturn it will
trigger the trailing stop at it's last position, thus locking in profit
and minimising what you give back!
I'm having a moment.. :-[
Andrew.
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