Cryptocurrency Q&A
What is tsl in trading?
What is tsl in trading?
alexander_watson_astronaut
Thu Nov 21 2024
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6 answers
1435
I'm trying to understand the concept of TSL in trading. Could someone please explain what it stands for and how it's used in the context of trading?
6 answers
Martina
Sat Nov 23 2024
The Trailing Stop-loss Order (TSL) is a sophisticated trading tool designed to protect investors.
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Stefano
Sat Nov 23 2024
With TSL, a stop loss is placed that continuously adjusts as the market price of a stock or contract moves in the desired direction.
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ShintoMystery
Sat Nov 23 2024
The stop loss revises towards the target at the same tick rate, ensuring that profits are locked in as the market trends favorably.
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Margherita
Sat Nov 23 2024
This order type is particularly useful for minimizing downside risk.
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MysticGlider
Fri Nov 22 2024
By dynamically adjusting the stop loss, TSL helps to cut losses that might otherwise be incurred if a static stop loss were used.
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