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...