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Common Trailing Stop Mistake and How To Use it the Right Way
A Trailing Stop Limit order fixes the price at which the order will be filled. However, if the price moves sharply past the Limit price, there is a chance that. Example: I place a trailing stop order buy for Ether. Ether is currently at $ I set the stop order ("if price rises to") at $ and check the "trailing. As long as the market remains bullish and the price rises, the trailing stop order will raise your trigger price alongside it at the distance of the spread.