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Trailing Stop
A trailing stop is a dynamic stop instruction that adjusts as the market moves favorably by a specified distance or percentage. If the market subsequently reverses by the configured amount, the stop can be triggered.
Why it matters to you
A trailing stop allows traders to move an exit level with a favorable price move without manually adjusting the stop each time. However, a trailing stop does not guarantee a particular execution price, and a distance that is too tight may be triggered by normal market volatility.
Terms that sit next to this one
Trailing Distance
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