Can't seem to wrap my head around Trailing Stop Limit Sell Orders. Explain like I'm 1 Been watching videos and searching but I'm still having a hard time with this.  Please explain like I'm 1 as I still can't wrap my head around how a Trailing Stop Limit Order works if I want to sell a shares of a certain stock.  

For example can I use it in this scenario, if not what would I use?: I have 100 shares of XYZ Currently at $10.10. I would like to sell it for no less than $10.15 but would still like the ability to sell for higher if the stock continues to go up throughout the day.  Let's say it goes up to $10.30 at some point throughout the day, I don't want my order to be filled once it hits $10.15, but would like a safety net of $10.15 if it goes below that. Would a trailing stop limit sell order work in this case or would i need to order a different way? 

any help is appreciated


