July 12, 2024
At TradeZero, we understand that every second and every trade counts. That’s why we’re constantly innovating to provide you with tools that give you an edge. Today, we’re thrilled to introduce a new feature on our ZeroPro and ZeroMobile platforms that could enhance how you trade: Trailing Stops.
Imagine a tool that works tirelessly to optimize your trading strategy. That’s what Trailing Stops do. As the market moves in your favor, Trailing Stops automatically adjust your stop order price. This means whether you’re buying or selling, you can secure your profits and limit your losses without having to constantly monitor the market. This feature is a game-changer, allowing you to manage your trades more effectively and confidently.
We know that traders like you need tools that are both powerful and easy to use. Setting up Trailing Stops is incredibly straightforward on ZeroPro and ZeroMobile. You can configure them through the market depth window or use HotKeys for even faster execution. This simplicity allows you to react quickly to market changes, making the most of every trading opportunity.
In trading, information is power. Our new ProCharts indicator gives you clear, real-time visualization of your trailing stop levels. Based on your initial order parameters, ProCharts keeps you informed of your latest trailing stop position. This feature helps you make more informed decisions, allowing you to fine-tune your strategy as market conditions evolve.
Our Trailing Stops feature currently supports dollar trails. This approach allows you to keep things focused and straightforward, providing a reliable way to manage your positions. By focusing on dollar trails, you can maintain a clear understanding of your stop levels and make more effective trading decisions.
The introduction of Trailing Stops on ZeroPro and ZeroMobile is a testament to our commitment to bringing you the best trading tools. This feature could enhance your trading experience by giving you more control, precision, and flexibility over your trades. It’s designed to help you trade smarter and more effectively, helping you to maximize your potential in the market.
Don’t just take our word for it—experience the difference yourself. Log into your ZeroPro or ZeroMobile account today and explore the new Trailing Stops feature. See how it can enhance your trading strategy, giving you the confidence and tools to take on the market, no matter how volatile it may be.
At TradeZero, we’re dedicated to providing you with innovative tools that help you succeed. Trailing Stops is just one of the many features we’ve developed to support your trading journey. Stay tuned for more updates as we continue to enhance our platforms and bring you cutting-edge trading solutions.
Trade with precision. Trade with confidence. TradeZero.
TradeZero makes no representations or warranties with respect to the accuracy of this content or information available through any referenced or linked third party sites. This content has been made available for informational and educational purposes only and should not be considered trading or investment advice or a recommendation as to any securities.
Trading securities can involve high risk and potential loss of funds. Furthermore, trading on margin is for experienced investors and traders only as the amount you may lose can be greater than your initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses. Additionally, stop orders tend to suffer greater slippage in volatile markets. Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risk of Standardized Options, also known as the options disclosure document (ODD) at https://www.theocc.com/Company-Information/Documents-and-Archives/Options-Disclosure-Document before deciding to engage in options trading.
TradeZero provides self-directed brokerage accounts to customers through its operating affiliates: TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas; and TradeZero Canada Securities ULC, a Canadian broker dealer, member Firm of Canadian Industry Regulatory Organization (CIRO) and a Member of Canadian Investor Protection Fund (CIPF).