A crawling stop can be used to protect a profit.

Name: A crawling stop can be used to protect a profit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A trailing stop is a type of stop-loss order that moves with the market price and can be used to protect profits by enabling a trade to remain open and continue to profit as long as the price is moving in the investor's favor, but automatically closes the trade if the price changes direction by a specified distance.

A Crawling Stop Can Be Used to Protect a Profit