what is a trailing stop order? There is https://goodcrypto.app/trailin....g-stop-order-a-defin a type of order that moves a certain percentage of the original stop price each time the price changes favorably. This helps to lock in profits, but it is not intended to move in the opposite direction. If price moves in the opposite direction, the order will close at the current market price. This type of order can be used when entering a position, or as a reduce-only order.
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