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How do I set a Trailing Stop order?

Below is a step-by-step guide on how to set a trailing stop order on Phemex.


To set a Trailing Stop to an open position, perform the following steps:

  1. Log in to and click the Contract Trading button.
  2. From your Open Positions tab, click on -/-(-) under the TP/SL(Trailing Stop) column for the target symbol you wish to work with.
  3. In the new window that appears, check the Trailing Stop option.
  4. Enter your desired Trail Value.
  5. If you wish, you can also enter a specific Activation Price.
  6. Click Confirm.

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