A stop-loss that automatically moves with the price as a trade becomes profitable. Understanding exactly how this order type behaves is essential before placing live trades, since it determines precisely when and at what price a position enters or exits the market.
A stop-loss that automatically moves with the price as a trade becomes profitable. Understanding exactly how this order type behaves is essential before placing live trades, since it determines precisely when and at what price a position enters or exits the market.
It protects gains while still allowing a winning trade room to run. At the intermediate level, this becomes increasingly relevant as traders begin refining strategies, tightening risk controls, and reading the market more critically.
Adjusts by a set pip distance as price moves favorably. Most traders come across this while reviewing charts, monitoring news feeds, or checking their account dashboard, and being able to spot it quickly is a useful practical skill.
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