A stop loss that moves with price as the trade becomes profitable. For example, a 20-pip trailing stop on a trade that moves 50 pips in your favor will be 30 pips in profit if triggered. Trailing stop
A stop loss that moves with price as the trade becomes profitable. For example, a 20-pip trailing stop on a trade that moves 50 pips in your favor will be 30 pips in profit if triggered. Trailing stops help capture larger moves while protecting profits. Useful for prop traders during trending markets.