Wick

Trailing stops

Day Trading

Let winners breathe, not bleed

Ratchet stops behind a runner: under each higher low, or 2× ATR back. Tight enough to keep most gains, loose enough to survive noise. Trailing converts paper P&L into real P&L.

Check yourself

Trailing under each higher low exits you when…

  1. A random tick
  2. The trend's actual structure breaks correct
  3. Noon

Higher lows ARE the uptrend. When one breaks, the reason for the trade is gone.

Learn this properly

This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.

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