WickCheck / Trading school / Trailing stop
Trailing stopBeginner
A stop that follows price as the trade moves in your favour, locking in more profit.
What it means
It lets trends run without a fixed target. The trade-off: in choppy markets it closes trades early.
How to spot it
- Trail by ATR, by swing lows, or by a moving average.
Common mistakes
- Trailing so tightly that normal pullbacks stop you out.
Related terms
Stop lossThe price where a losing trade is closed to cap the loss at a planned amount.…Breakeven stopMoving the stop to the entry price once a trade is in profit, so it can no longe…
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Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.