What It Is:
A trailing stop is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price.
When the price goes up, it drags the trailing stop along with it, but...
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Paul Tracy
Web Site: http://www.investinganswers.com
Trailing Stop
Trailing Stop: Stock and Gold
A trailing stop order is a a kind of order that helps you limit the potential for loss due to drastic stock price fluctuations. This also helps investors get away from random emotion-based strategies. Research has shown that more disciplined trading is much less fraught with severe losses. One reason why using trailing stop...
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