Trailing Stop

What does it Mean? A stop-loss order set at a percentage level below the market price - for a long position. The price is adjusted as the price fluctuates.
Investopedia Says... This is such a useful tool, yet many fail to use it. Using a trailing stop allows you to let profits run while cutting losses at the same time.

Terms Related Links

Market Price
Parabolic Indicator
Stop Loss Order

Terms Related Links
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