๐ก What is a Trailing Stop-Loss (TSL)?
Trailing SL is a smart way to protect profits while letting your trade run. Instead of setting a fixed stop-loss, it moves with the market when the price goes in your favor.
๐น Example:
If you short at 0.05000 and set a TSL at 2%,
โ If price drops to 0.04500,
โ Your SL will trail behind 2% (like around 0.04590).
โ If price pumps back up and hits 0.04590, it closes the trade and locks your profit.
โ It helps you: โ Secure profits ๐
โ Limit losses ๐ฐ
โ Trade smart without babysitting the chart ๐ฏ
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