When do I raise the stoploss level? For example, I bought ANZ today at 23.02 and my stoploss is 2% (so $22.56). Do I leave the stoploss at that level all day today or do I raise it as the price rises. Eg. the price is now 23.12, so do I adjust the stoploss now or leave it at 22.56 all day? I'm not really sure when trailing stoplosses are supposed to be adjusted.