Trailing stop loss TSL

Can you pls explain me how trailing stop loss or TSL works on the Streak platform? @Streak

Hi @samuel-7

Let’s help you understand how TSL (Trailing Stop Loss) works. Suppose you buy a stock at ₹100 and set a Stop Loss (SL) at 20% with a Trailing Stop Loss (TSL) of 10%. Initially, your SL is ₹80. If the stock price rises by 10% to ₹110, the SL moves up by 10% from the original SL, adjusting to ₹90.

Hope this clarifies the doubt.