Trailing stop loss

Trailing stop loss,

Definition of Trailing stop loss:

  1. A form of stock trading order that places a limit on the amount of price loss that can occur before the stock is automatically sold. Trailing stop loss orders are distinct from other types of stop loss orders in that the stop loss price is self-adjusting so it trails the price movement of the stock enabling traders to maximize their gains while limiting their downside risk.

Meaning of Trailing stop loss & Trailing stop loss Definition