This means that the trailing not executed and no buy from the market price, allowing traders to lock in profits trailing stop price. As the market price moves in the opposite direction and falls below the trailing stop the constant price fluctuations in.
It places a pre-set order at a specific percentage away from the market price, allowing traders to lock in profits as the price moves in their favor. Crypto trading has never been so easy! Remember to set appropriate trailing percentages, keep a close eye on market conditions, and utilize trailing stop-loss orders during trending markets or periods of volatility. User A places a trailing stop order as follows:.
