In today’s video, we will learn how to create an end cap in the ThinkorSwim mobile app. We will review it both on an open position you already have in the account and apart from an opening trade. We will also talk about how to customize the order ticket to convert it to dollar compensation, percentage compensation, or tick compensation. Although it is exactly the same process, we will see how to place endpoints on both stock and option contracts. Trailing Stop A trailing stop order is an order that is entered with a stop parameter that creates a trailing trigger price. As a stock’s price moves, the trigger price of your order will also move, allowing potentially profitable trades to be executed and can help protect against a sharp pullback. ➤ Start investing with M1 Finance: https://m1finance.8bxp97.net/151KXm
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