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A trailing stop order has the opposite direction by a along with the last price order is executed as a.
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How to Use a Trailing Stop in Crypto (Binance, Bybit etc)For a Trailing Stop sell order, when the price goes up, the trailing price moves up along with the last price. However, the trailing price will. Trailing stop orders are a type of trade order that is used in financial markets such as stocks, forex, and cryptocurrencies. This type of order is used to help. The trailing stop price moves up by a specified percentage or amount, and it will follow the market price as it moves in your favor. This means.
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