Trailing Stop Question
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Can you please explain the "Reset the stop on new trade" option in the Trailing Stop box?
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You know that the idea of trailing stop is to have SL line that moves only in one direction. Well, when you have group of trades and you can add/remove trades from that group, the resulting position is... how to say that... you are changing the average open price when you add/remove trades. So this option allows you to recalculate the level of SL when you add new trade to the group, using the new average open price.