1 Answer
<p>A Trailing Stop Order is an advanced form of stop-loss order that automatically adjusts to the changing prices of the market. Unlike a standard stop-loss, which remains at a fixed price, a Trailing Stop Order “trails” the market price by a predetermined distance as the price moves in favor of the trade.</p><p>A Trailing Stop Order is set in terms of points (pips) away from the current market price. For instance, if a trader sets a 50-pip trailing stop on a long position, the stop-loss will rise with the price if it moves upward. Conversely, if the market price falls, …</p>
Please select pages to share
shared
