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27 April, 10:59

What is a trailing stop loss

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Answers (2)
  1. 27 April, 12:33
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    A special type of trade order
  2. 27 April, 14:15
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    A trailing stop-loss order is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price. A trailing stop-loss is sometime referred to simply as a trailing stop.
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