Today, we’re adding trailing stop orders for stocks to our existing suite of order types, including limit orders, stop limit orders, and stop orders.
Trailing stop orders keep track of stock prices, so you don’t have to. For example, if you're selling a stock, a trailing stop order tracks the stock's highest price. If the stock falls below its highest price by the amount you choose, a sell market order is placed.
We also revamped the stock ordering experience to provide you with more information and make it easier to learn about order types. To view order types, select the asset you’d like to buy or sell, tap “Order Types” on the order screen (select ⋯ on Web), and choose your preferred order type. Learn more about order types.
We’re excited to roll out trailing stops to everyone in the coming weeks.