Order Types
Trailing Stop
Definition
What is Trailing Stop?
A stop order whose trigger follows a favourable price move by a fixed amount or percentage.
Example in practice
How This Looks in Practice
A 10% trailing stop rises as the share reaches new highs.
Keep learning
Related Terms
Order Types
Market Order
An instruction to buy or sell immediately at the best available prices.
Order TypesLimit Order
An instruction to trade only at a specified price or better.
Order TypesStop Order
An order that becomes active after a specified trigger price is reached.
Market DataOpen Price
The first official or regular-session traded price for a period.