What is a trailing stop loss

Question

Business

Diamond Mata

27 April, 10:59

What is a trailing stop loss

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Answers (2)

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Kaitlyn Curtis · Answer 1

Kaitlyn Curtis 27 April, 12:33

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A special type of trade order

Sammy Berg · Answer 2

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.