A(n)________ is a buy or sell stock order that depends on a predetermined price.

Question

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A trailing-stop order is a type of stock order that relies on a price point to activate. This price point is called a trailing stop, and it is set as a percentage below the current market price of the stock. When the stock price falls to the level of the trailing stop, the order becomes active and converts into a market order to sell the stock. This type of order is useful for investors who want to limit their losses or protect their profits.

A(n)________ Is a Buy or Sell Stock Order That Depends