EOD vs intraday trailing
End-of-day trailing moves the floor once a day, from your closing balance. A trade that runs $400 green and comes back to breakeven changes nothing.
Intraday trailing moves the floor with every new unrealized high. That same trade drags the floor up $400 and leaves it there, even though you made nothing.
Scalpers who let winners breathe, and anyone whose trades often go green before stopping out, feel this most.








