How to use trailing take profit?

<p id="isPasted">Configuring Trailing Take Profit is a straightforward process. When initiating a position, navigate to the Take Profit settings. Instead of specifying a regular Take Profit target, opt for the Trailing Take Profit option and enter a percentage (e.g., 0.5%) above your entry price.</p><p style="box-sizing: border-box; margin: 0px 0px 30px; line-height: 38px; position: relative; z-index: 2; font-size: 18px; color: rgb(0, 0, 0); font-family: &quot;Open Sans&quot;, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(248, 248, 248); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" class="forexqa-img-container"><img width="1920" height="1008" src="https://prod-forexqna.s3.amazonaws.com/uploads/froala_editor/images/1741670463232.png" alt="Trailing Take Profit settings" srcset="https://goodcrypto.app/wp-content/uploads/2024/02/Trailing-Take-Profit-Guide_4.jpg 1920w, https://goodcrypto.app/wp-content/uploads/2024/02/Trailing-Take-Profit-Guide_4-300x158.jpg 300w, https://goodcrypto.app/wp-content/uploads/2024/02/Trailing-Take-Profit-Guide_4-1024x538.jpg 1024w, https://goodcrypto.app/wp-content/uploads/2024/02/Trailing-Take-Profit-Guide_4-768x403.jpg 768w, https://goodcrypto.app/wp-content/uploads/2024/02/Trailing-Take-Profit-Guide_4-1536x806.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" style="box-sizing: border-box; border-style: none; width: 730px; height: auto; max-width: 100%;" class="fr-fic fr-dii fr-draggable forexqa-img"></p><p>You can choose between a Limit or Market order for Trailing Take Profit. A Limit order protects against price slippage and often saves on trading fees, while a Market order doesn’t freeze your balances while waiting for the trigger.</p><p>When attached, Trailing Take Profit will dynamically adjust as the market moves in your favor. As the price continues to rise, your profit target will automatically trail along, enabling you to capture additional gains in a trending market.</p><p>By default, Trailing Take Profit activates once the market price improves enough to place its trigger at your breakeven price. If you set a min. Profit higher than 0, Trailing Take Profit will wait for further market price improvement to trigger at your chosen min. Profit level.</p>