Trailing Stop for Longs and shorts?

[crimsonite]

Hello,

will a trailing stop work for both long and short orders?

When I try to put in discretionary stops for sell orders (above the price), it won't take them.

I was just wondering if short automated orders will take them.... thanks so much.

[NinjaTrader_RyanM]

crimsonite,

Yes, trail stops can be used to protect both long and short positions..

This doesn't mean that a sell stop order is accepted above the last traded price though. This order wouldn't be accepted anywhere you place it.