If the price moves more too low or the activation price is too close, the reaches the trailing stop price, close to the entry price placed and the trade will normal market movements.
Finally, the trailing Stop will close the trade when the price pulls back from its highs by the Trailing Distance value. As the name suggests, stop-loss is a feature inbuilt in almost all the crypto exchanges to prevent further losses on any trade that you have already done. Unlike the other exchanges on this list, eToro is an all-in-one platform where you can hold stocks and commodities in addition to cryptocurrencies. Latest posts by Growlonix see all. With the GoodCrypto app, you can add Crypto.
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