Trading

Trailing Stop: Definition

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Simple Definition

A stop-loss that automatically moves up as the stock price rises, locking in gains.

Why It Matters

A trailing stop lets you ride winners while protecting gains. Set a 10% trailing stop on a stock at $100, and your stop is at $90. If the stock rises to $150, your stop automatically moves to $135. You'll never sell at the exact top, but you'll capture most of the move. The risk: volatile stocks can trigger your stop on normal swings, then keep going up without you.

Key Points

  • Can be set as percentage (10%) or dollar amount ($5)
  • Only moves up, never down - locks in gains as stock rises
  • Useful for momentum stocks where you want to let profits run

Related Terms

Common Questions

A stop-loss that automatically moves up as the stock price rises, locking in gains. A trailing stop lets you ride winners while protecting gains. Set a 10% trailing stop on a stock at $100, and your stop is at $90.

A trailing stop lets you ride winners while protecting gains. Set a 10% trailing stop on a stock at $100, and your stop is at $90. If the stock rises to $150, your stop automatically moves to $135. You'll never sell at the exact top, but you'll capture most of the move. The risk: volatile stocks can trigger your stop on normal swings, then keep going up without you.

Can be set as percentage (10%) or dollar amount ($5)

Only moves up, never down - locks in gains as stock rises

Useful for momentum stocks where you want to let profits run