Since your trailing stop is likely to be a market order, there is no guarantee that you will receive a specific price or price range. How to Trade with a Trailing Stop Order?

Trailing stops are orders to buy or sell securities if they move in an unfavorable direction. The trailing stop technique is the most basic for an appropriate exit point.

A trailing stop order is a stop-loss policy where a sell order is executed once the stock's price drops by a specified percentage.

Investors use trailing stop orders to protect gains. A trailing stop order executes when the price of a security moves a percentage or dollar amount in a specified direction.

Trailing stops improve upon stop-loss orders by adjusting the sell trigger point as the stock price rises, allowing investors to protect profits.

Maximizes Potential for Upside While Protecting From Downside via Automated Sell Order Set By Customer SAN FRANCISCO, June 6, 2023 /PRNewswire/ -- Today, Uphold, the Web3 financial platform ...

A stop loss order is a trading tool that automatically sells a security if its price falls to a set level, helping investors limit losses without constantly monitoring the market. While it can ...