Meet Trailing Stop Order - the latest addition to our growing set of trading tools.

The Order type is powerful because it allows you to maximize your profits but also to limit your downside risk.

Unlike a simple Stop Order, which only protects you from losses based on purchase price, a Trailing Stop Order readjusts to the highest price after you buy.

So you follow the market up while the going's good and get out if the price starts falling further than you'd like.

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Set Up a Trailing Stop Order

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