Invalid Trailing Stop

This message indicates that the trailing stop provided in the request is invalid. TradersPost requires that when orderType=trailing_stop, the action must be one of the following: buy, sell, reverse, or exit. Additionally, you are required to send one of trailAmount or trailPercent. If these criteria are not met, the request will not be processed.

Invalid trailing stop example. Missing trailAmount or trailPercent:

{
    "ticker": "AAPL",
    "action": "cancel",
    "orderType": "trailing_stop"
}

Valid trailing stop example (trailAmount):

{
    "ticker": "AAPL",
    "action": "sell",
    "orderType": "trailing_stop",
    "trailAmount": "2"
}

Valid trailing stop example (trailPercent):

{
    "ticker": "AAPL",
    "action": "sell",
    "orderType": "trailing_stop",
    "trailPercent": "5"
}

In the above examples, a valid trailing stop order includes an appropriate action and a value for either trailAmount or trailPercent, ensuring the request meets the required parameters for processing.