Exchanges that allow trailing stop loss orders.

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Archived
Joined
Aug 2017
From
US
I am trying to find an exchange or trading platform that has trailing stops. Thoughts?

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Joined
May 2017
From
Woodinville, WA
Stop losses set on exchanges are just as dangerous as margin trading. Google the term "stop hunt" and you'll see what I mean. Whales sell their shares for dirt, only to get the shares sold back to them from your losses. Better to set a specific stop point in your mind and sell off at that point once it gets reached than let someone steal your money in a 5min flash crash. I only stop myself out if a trade turns against me for more than 1hr, and proper entry planning really negates the need for stops anyway. If you FOMO into a coin you will need stops, even if they are mental. BTMFD!
 
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