Trailing Stop

(Trailing Stop)

is a risk management tool, its function is to move the stop-loss level as the price moves in the direction of your profitable trade, thereby preserving part of your profits if the price reverses.

📌 The idea simply:

If you bought a currency at a price of $10, you set a trailing stop-loss of $1.

When the price rises to $11, the stop-loss automatically moves to $10.

If it rises to $12, the stop-loss becomes $11.

If the price drops from 12$ to $11, the trade is automatically closed and the profit is secured.

💡 Its main features:

1. Protects profits without needing to manually monitor the market all the time.

2. Provides flexibility to allow the price to move freely before closing the trade.

3. Prevents early exit from a winning trade due to a minor correction.

⚠️ Usage Tips:

Do not make the distance too tight (so it doesn't close the trade quickly).

And do not make it too wide (so you don't lose a significant portion of your profits).

In fast-moving cryptocurrencies, it is best to keep the percentage between 0.5% and 2% depending on the strength of the movement.

YEMEN 🇾🇪TRON