How to place trailing stops and trailing limits on futures contracts in the DeCarley Trader

Click here to register for a FREE trial of the DeCarley Trader futures and options platform: https://decarleytrading.com/trading-platforms/1133-decarley-trader-specialized-futures-and-options-trading-platform-designed-by-carley-garner The DeCarley Trader, a customized version of StoneX Futures and CQG Desktop, can handle server-held trailing stop and trailing limit orders. This means the stop loss will trail the market continuously whether the platform is open or not. Trailing stops enable traders to automatically adjust their stop-loss orders with incrementally favorable market movement. 00:00 Intro to trailing stop loss and limit orders 00:40 Placing trailing stops on any widget or page in the trading platform 01:20 How to place a trailing stop using the standard order entry ticket on the Home Page of the DeCarley Trader 02:10 Review of stop order vs a limit order 03:23 How the trailing stop distance is determined 05:28 How the trailing stop feature operates 06:18 Placing trailing stops from the Charts / Quotes page (directly on a futures chart) 08:45 Review of the chart trading pad, scrolling up and down to reveal additional functions. 09:25 Placing a trailing stop from the quote board 09:47 Placing a trailing limit order and the system safety features to minimize mistakes between order types 13:48 Trailing both a stop and limit order simultaneously 14:08 Avoiding mistakes with trailing stops and limits 14:38 Clarifying how enabling trailing stops on one widget doesn't apply to other widgets and pages. 15:22 Trailing order preferences for each contract 16:57 Day orders vs GTC orders when using trailing stops 18:48 Free platform demo registration and trailing stops summary