{"slug":"trailing-stop-vs-trailing-stop-limit","qid":"trail_trace","label":"A 10% trail ratcheting under AAPL's high-water close, January to mid-March 2022","post_title":"Trailing Stop vs Trailing Stop-Limit Orders","post_url":"/blog/trailing-stop-vs-trailing-stop-limit#q-trail_trace","columns":["session_date","calendar_label","close_px","high_water_close","trail_10pct_level"],"rows":[{"session_date":"2022-01-03","calendar_label":"Jan 3, 2022","close_px":182.01,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-04","calendar_label":"Jan 4, 2022","close_px":179.7,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-05","calendar_label":"Jan 5, 2022","close_px":174.92,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-06","calendar_label":"Jan 6, 2022","close_px":172,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-07","calendar_label":"Jan 7, 2022","close_px":172.17,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-10","calendar_label":"Jan 10, 2022","close_px":172.19,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-11","calendar_label":"Jan 11, 2022","close_px":175.08,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-12","calendar_label":"Jan 12, 2022","close_px":175.53,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-13","calendar_label":"Jan 13, 2022","close_px":172.19,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-14","calendar_label":"Jan 14, 2022","close_px":173.07,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-18","calendar_label":"Jan 18, 2022","close_px":169.8,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-19","calendar_label":"Jan 19, 2022","close_px":166.23,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-20","calendar_label":"Jan 20, 2022","close_px":164.51,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-21","calendar_label":"Jan 21, 2022","close_px":162.41,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-24","calendar_label":"Jan 24, 2022","close_px":161.62,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-25","calendar_label":"Jan 25, 2022","close_px":159.78,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-26","calendar_label":"Jan 26, 2022","close_px":159.69,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-27","calendar_label":"Jan 27, 2022","close_px":159.22,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-28","calendar_label":"Jan 28, 2022","close_px":170.33,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-01-31","calendar_label":"Jan 31, 2022","close_px":174.78,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-01","calendar_label":"Feb 1, 2022","close_px":174.61,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-02","calendar_label":"Feb 2, 2022","close_px":175.84,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-03","calendar_label":"Feb 3, 2022","close_px":172.9,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-04","calendar_label":"Feb 4, 2022","close_px":172.39,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-07","calendar_label":"Feb 7, 2022","close_px":171.66,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-08","calendar_label":"Feb 8, 2022","close_px":174.83,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-09","calendar_label":"Feb 9, 2022","close_px":176.28,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-10","calendar_label":"Feb 10, 2022","close_px":172.12,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-11","calendar_label":"Feb 11, 2022","close_px":168.64,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-14","calendar_label":"Feb 14, 2022","close_px":168.88,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-15","calendar_label":"Feb 15, 2022","close_px":172.79,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-16","calendar_label":"Feb 16, 2022","close_px":172.55,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-17","calendar_label":"Feb 17, 2022","close_px":168.88,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-18","calendar_label":"Feb 18, 2022","close_px":167.3,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-22","calendar_label":"Feb 22, 2022","close_px":164.32,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-23","calendar_label":"Feb 23, 2022","close_px":160.07,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-24","calendar_label":"Feb 24, 2022","close_px":162.74,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-25","calendar_label":"Feb 25, 2022","close_px":164.85,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-02-28","calendar_label":"Feb 28, 2022","close_px":165.12,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-01","calendar_label":"Mar 1, 2022","close_px":163.2,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-02","calendar_label":"Mar 2, 2022","close_px":166.56,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-03","calendar_label":"Mar 3, 2022","close_px":166.23,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-04","calendar_label":"Mar 4, 2022","close_px":163.17,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-07","calendar_label":"Mar 7, 2022","close_px":159.3,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-08","calendar_label":"Mar 8, 2022","close_px":157.44,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-09","calendar_label":"Mar 9, 2022","close_px":162.95,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-10","calendar_label":"Mar 10, 2022","close_px":158.52,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-11","calendar_label":"Mar 11, 2022","close_px":154.73,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-14","calendar_label":"Mar 14, 2022","close_px":150.62,"high_water_close":182.01,"trail_10pct_level":163.81},{"session_date":"2022-03-15","calendar_label":"Mar 15, 2022","close_px":155.09,"high_water_close":182.01,"trail_10pct_level":163.81}],"shape":"series","sql":"WITH daily AS\n(\n    SELECT\n        date,\n        toFloat64(any(close)) AS close_px\n    FROM global_markets.stocks_daily_aggs\n    WHERE ticker = 'AAPL'\n      AND date >= '2022-01-03'\n      AND date <  '2022-03-16'\n    GROUP BY date\n),\nmarked AS\n(\n    SELECT\n        date,\n        close_px,\n        max(close_px) OVER (ORDER BY date ASC ROWS BETWEEN UNBOUNDED PRECEDING AND CURRENT ROW) AS peak_close\n    FROM daily\n)\nSELECT\n    toString(date)                    AS session_date,\n    formatDateTime(date, '%b %e, %Y') AS calendar_label,\n    round(close_px, 2)                AS close_px,\n    round(peak_close, 2)              AS high_water_close,\n    round(peak_close * 0.9, 2)        AS trail_10pct_level\nFROM marked\nORDER BY date ASC","computed_at":"2026-10-08T15:25:16.739677+00:00","elapsed":0.065035248}