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I Decoded The Stop Loss Hunting Algorithm In TradingA Trailing Stop Order is a modern type of stop-loss that places a fixed percentage below the market price and keeps correcting upwards. For. Basically, it represents an advance order to sell an asset (or a percentage of an asset) when it reaches a particular price point. As a trader. A stop-loss (SL) level is the predetermined price of an asset, set below the current price, at which the position gets closed in order to limit.
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