Trailing stop-loss, or trailing-stop, is a type of trade order that gets executed once the price no longer moves in your favour, whether you use a short or long strategy. This type of order is designed to protect your gains while the trade is still open and continues to profit.
Are you asking yourself what advanced trading is? To maximize profits and limit downside risk, seasoned traders use trailing stops.…
Neither a magic wand, nor a profit machine, trailing stop-loss is simply a trading feature that helps you liquidate your…
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