Trailing stop calculator: see the gain a trailing stop locks in
A trailing stop sits a set percentage below the highest price reached and only moves up. Enter your entry price, the high since entry and a trail percentage to see where the stop is and how much gain it protects.
Formula
Trailing stop = Highest price since entry × (1 − Trail %). Locked-in gain = Trailing stop − Entry price.
What you need
- Entry price
- Highest price since entry
- Trail percentage
- Number of shares
Worked example
You bought at $80 and the stock has reached $110. A 10% trail puts the stop at $99, locking in $19 per share, 23.8% on your entry, if it triggers there.
Why trail instead of fixing a stop
A fixed stop protects the same level forever. A trailing stop keeps raising the floor as the position gains, so more of the open profit is protected over time without capping the upside.
Choosing the trail percentage
A trail that is tight relative to the stock’s normal movement will trigger on routine pullbacks. Compare the trail distance with the stock’s ATR, or use an ATR-based trail such as the Chandelier Exit for a distance that adapts to volatility.
Gaps and fills
When triggered, a stop order becomes a market order. If the price gaps below the stop, the fill can be lower than the level shown here, so the locked-in gain is an estimate, not a guarantee.
Common questions
How is a trailing stop calculated?
Take the highest price reached since you started trailing and subtract the trail distance. With a percentage trail, multiply the high by one minus the trail percentage.
Can a trailing stop lock in a profit?
Yes. Once the trailing level rises above your entry price, a trigger at that level would close the position at a gain.
Profit Lock
Profit Lock helps investors turn an open position into a clear exit plan. It compares several stop models, grades the quality of each level, and shows the risk before you make a manual decision.
More free tools and guides
- Trailing stop-loss: how it works and how to set the distance
- Profit protection: a practical guide to keeping more of your gains
- Stop-loss calculator: work out risk per share & total position risk
- ATR stop-loss calculator: set volatility-based exit levels
- Position size calculator: shares from account risk & stop distance
- Chandelier exit calculator: trailing stop from the highest high