The Trailing Stop
The Trailing Stop is a form of stop loss that moves with the price. It’s benefit is that if market price shoots your direction but not quite to your take profit, then reverses; the stop loss moved up as well and you can have the trade closed for profit. Trailing stops are an option you can turn on or off for your stop losses and their use can greatly depend on your strategy. In the video below, Jason explains the trailing stop and also how to use it to pass your beeline achievement, “Use a Trailing Stop”.