A trailing stop-loss is an advanced type of stop-loss order available in Angel One. It helps traders limit losses and secure profits as the market price moves in their favor. When the stock price rises, the stop-loss price automatically moves up by a fixed amount or percentage set by the trader. If the stock price starts falling, the stop-loss doesn't move and gets triggered if the price falls to that level.

How Does a Trailing Stop-Loss Work in Angel One?

In Angel One, you set a trailing amount or percentage when placing a stop-loss order. As the stock price increases, the stop-loss level also increases by the same amount or percent. For example, if your stock rises from ₹100 to ₹110 and your trailing stop-loss is ₹5, the stop-loss moves from ₹95 to ₹105. But if the stock then falls, the stop-loss stays at ₹105 and triggers if the price drops to that level.

Why Should You Use a Trailing Stop-Loss?

Using a trailing stop-loss helps you book profits automatically as prices rise, without needing to track the market constantly. It’s useful for traders who want to secure gains while still giving the stock space to grow. It also adds discipline to your trading and protects you from big losses during sudden price drops.

When Is the Best Time to Use a Trailing Stop-Loss?

Trailing stop-loss is best used when the market is trending. If a stock is showing strong upward momentum, using a trailing stop-loss helps you ride the gains while protecting your downside. It’s also helpful in volatile markets where sudden drops can happen quickly.

Can You Set Trailing Stop-Loss on Angel One App?

Yes, you can easily set a trailing stop-loss while placing your order on the Angel One app. After selecting the stock and quantity, choose the stop-loss option and enter your trailing value. The app is user-friendly and guides you through each step clearly.

Is Trailing Stop-Loss Better Than Regular Stop-Loss?

Trailing stop-loss is often better because it adjusts with price increases, while a regular stop-loss stays fixed. This gives you a better chance to earn higher profits if the stock keeps rising. However, it depends on your strategy and market conditions.

Does Angel One Charge Extra for Trailing Stop-Loss?

No, Angel One does not charge anything extra for using a trailing stop-loss. It is a free feature available on their trading platform and mobile app. You only pay the normal brokerage charges applicable for any trade you place.