Trading Glossary

Trailing Stop

The Trailing stop is the special type of order that moves to the relative to the price fluctuations when the market goes up and the drages the trailing stop and if when the price stops to goin up and the stop loss remains at the level to dragged.A trailing stop allows a trade to continue to gain in value when the market price moves in a favorable direction but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance.