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Marat540 [252]
3 years ago
11

What is a trailing stop loss

Business
2 answers:
zaharov [31]3 years ago
5 0
A special type of trade order
Sveta_85 [38]3 years ago
4 0

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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