Hi....

I haven't tried using it myself, but this is how it's used. Go to where you place a futures order. Place the buy or sell.

Then in the next 2 lines you can place 2 contingency orders, a stop and a profit target. In the 2nd line, you will place a trailing stop. In a trailing stop, you don't set a price, but the price difference. Let's use Corn as an example, as it's easier to represent.

Place your trailing stop order. If you bought corn, you want to make this a sell order. Then in the drop-down, you want to select trailing stop. Then in the price field, you want to place the difference.

Lets say you bought corn. The trailing stop that you want to risk is 2.50. The price difference you place in there is -2.50, as your trailing stop is 2.50 less than the price you bought at.

Lets say you sold corn. Then what you want to put in for your trailing stop is +2.50, as your stop is 2.50 above the sell price.

Remember you must use the + and - signs, which tells it the trailing stop is above or below the buy or sell price.

After you place the trailing stop, in the 3rd line you can place the profit target order. The 2nd and 3rd order are OCO orders (One Cancels Other). If the stop is hit, the profit target is cancelled, and vice versa.

Hope this helps. The way the trailing stop works, no orders are sent to the floor until the trailing stop is hit. The Xpresstrade platform takes care of it automatically. When the trailing stop is hit, a market order is sent to the floor, getting you out of the trade.

JeffK