Afterbell

Connecting

Docs Guides

Protect a position

A stop and a target on the way in, a trailing stop once it runs, and closing half into strength.

A position with no exit is a hope. This walks through the three layers: a plan before you enter, a trailing stop once it runs, and taking some off.

Before you enter

  1. In the ticket, switch on TP/SL.
  2. Pick a stop step or type a price where your idea is wrong, not where it hurts.
  3. Pick a take-profit. The bar shows the reward against the risk; aim for the reward to be the longer one.
The ticket's exit plan with take-profit and stop and the reward-to-risk bar
Both legs, and the bar that weighs them.

Once it runs

  1. On the position, choose Trail and a distance, for example 1.5%.
  2. A stop order goes onto the exchange 1.5% under the price, and moves up as the price makes new highs. It never moves down.
  3. With running while away on, it moves while your laptop is shut too.
Positions with exit-plan chips and the Trail, Close half and Close buttons
The position’s plan, the trail, and the closes.

Taking some off

Close half sells half at market, after a second click. The exit plan still covers the rest.

The trail and the plan’s stop can both stand: whichever the price reaches first closes the position, and the other, being reduce-only, can then do nothing.