Hi all,

Please can anyone advise what inputs are required in the Min and Max fields for a  Trailing Stop Loss Sell Order. 

I know what a Trailing Stop Loss is , I just can’t figure out what needs to be imputed in the Min and Max fields of the  Barclays Smart Investor platform.  Is it:

Min - is it the Min trail stop £  from  the current price? Max - is it the Max trail stop £ from the current price?

Eg.,

Current Stock Price = 100 p which is on a 20p profit from my purchase price. I now want to ride the profits but contain losses on the downside. 21 day ATR for the stock is 8P.  I want to put a trail stop of say 16p. So what do I input in the Min and Max fields of the order form.

Many thanks in advance

Satishan



Unlock the rest of this article with a 14 day trial

Unlock with Email
Unlock with Google

Already have an account?
Login here