Trailing Stop Loss

f youu2019re wondering how to use trailing stop loss, itu2019s simple: you set a percentage or fixed amount below the current price, allowing the stop price to adjust as the asset moves in your favor. However, itu2019s important to be aware of the disadvantages of trailing stop loss, such as premature exits due to sudden price swings.<br><br>So, what is a trailing stop loss order, and how does it differ from other stop mechanisms? The debate between trailing stop vs stop loss shows that while a traditional stop loss stays fixed, a trailing stop loss moves dynamically with the market. Similarly, trailing stop li

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