The Online trading market continues to inovate and for those of you working to a sensible risk focussed approach, stop losses are more and more essential. Now what if the stop-loss was dynamic.. always looking out for you best interest..
IG Index have introduced (2008) trailing stop losses.This is similiar to some other facilities but a noticeable step forward. It’s good to see a major platform introducing features we help the customer – i.e. you and me.
Their press release said “We are committed to giving you more. More markets, more trading tools, the best dealing technology. We were the first to offer spread betting on shares in 1995. Now we cover over 7000 individual shares, plus indices, forex, commodities and more….” and continues ” Our new Trailing Stops help you lock in your profits:
- Your Stop level adjusts with the market
- Secure your gains as the market moves
- No charge for setting a Trailing Stop”
We look forward to bringing your more news and feedback as and when we can. If you have any comments, please get in touch.