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How to Use A Trailing Stop Loss Buy/Sell Order| Do Trailing Stop Losses Work?

In this video I will cover several topics concerning the use of trailing stop losses in investing and trading. I will cover the basics of what a trailing stop loss order is, how to use them and show you some real world examples. Lastly I will backtest a simple strategy with various trailing stop loss amounts (as well as none) to see the effect they have on the strategy. The topics covered in this video include: -What is a trailing stop loss? -Using a trailing stop loss -How to use a trailing stop loss buy order? -How to use a trailing stop loss sell order? -Do trailing stop losses work? FOLLOW MY TRADES ON IRIS! https://invite.iris.finance/share/V43s FREE 7 DAY TRIAL OF TRENDSPIDER Easy to use charting, backtesting software and alerts system https://trendspider.com/?_go=kyle71 LINKS TO DISCOUNTS AND FREE STUFF BELOW!!! 2 FREE STOCKS FROM WEBULL: Looking for a better mobile brokerage than Robinhood? Trade Stocks, ETF and Options on Webull! Deposit and get a free stock! https://act.webull.com/in/tHMMQ3rK7Ye...

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