Heya, a group of 8 friends and I have a "share club" which we put $30 a month each into. It holds around 20 NZX and ASX listed shares and has a total value of around $30k.

It is hard for anyone to find reasonable time to dedicate to managing it. We want to implement some simple rules that include trailing stop losses, particularly for our higher risk purchases. Does anyone know if there are some good online tools for managing a portfolio with trailing stop losses? I know I can set stop-loss-sell's in ASB securities but its not really easy to calculate it to be say a 15% loss and the trades keep expiring if they are not triggered.

I would ideally like to set 15% trailing stop loss that resets (daily, weekly?) and forget.

Any help greatly appreciated. Maybe I am being to optimistic that there is an easy way to do this

Cheers