📣 What is the trailing stop feature?

A trailing stop is a type of order designed to lock in profits or limit losses while a trade moves in a positive direction. This order type works only if the price moves in a positive direction. Once it moves to lock in profits or cut losses, it doesn't make a comeback. This feature helps traders control their risks. 🔒📈

You can do this automatically with FIBOWAY Binance trade software.
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