Trailing Stop on a stock?
I am considering a stock to buy which closed at say at $25, the after bazaar hour is trading went up to $26.Now when I am feed in a trailing stop utter 0.25. So my account say trailing stop at $25.25 Now what will happen as the price as already passed the define? Will it be bought right away tomorrow? or would it not trigger at all? I am using Scottrade. Please consent to me know.
Answers: I assume you're referring to a trailing stop BUY order, not the more adjectives trailing stop SELL. What happens within after hours trading has no carriage on orders placed during and for the regular session. So if the price stays glorious and opens above $25.25 tomorrow during the regular sesssion, afterwards yes, your stop should trigger. If it opens below $25.25, consequently your stop won't trigger.
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