What is a Trailing Stop Order? 🔄
A smart tool that chases profit and minimizes loss! ✅
Trailing Stop = A sell order that moves automatically with the price, and activates the sale only when the direction reverses ⬇️⬆️
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How does it work? 🧠
You bought a coin at the price of 100$ 💰
You set a Trailing Stop order at 5%
The price rose to 120$ → The stop order moves to $114
The price continues to rise? The order moves with it! 🚀
The price reverses and drops to $114? It sells automatically to protect your profits 🛡️
The result?
A flexible tool that protects your profits without setting a fixed target!
Smart trading, not just trading! 🧩
Have you tried Trailing Stop before? Share your experience in the comments! ⌨️