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New Arrivals / Re: Kraken Wallet list and available Crypto
« on: October 23, 2022, 09:02:41 am »
what is a trailing stop order? There is a kind of order that is used to protect profits when you are trading on margin. Trailing stop orders can be placed on Exchange and Margin modes, but they are usually used when a trader is taking a long position and he or she is using leverage. For example, if a stock is trading at $245 and a trader has a Trailing Stop of $5, the stock will immediately be sold when it hits the level of that price. In the meantime, the stock will rise in price in line with the market.
