What is the difference between trailing stop limit and trailing stop loss in the context of cryptocurrency trading?

7 answers

• Beluga BaekOct 04, 2020 · 5 years ago
  Trailing stop limit and trailing stop loss are two different types of stop orders used in cryptocurrency trading. Trailing stop limit is an order that combines the features of a trailing stop order and a limit order. It allows traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This means that if the market price reaches the stop price, the order will be triggered and a limit order will be placed at the specified limit price. Trailing stop limit orders provide traders with more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. On the other hand, trailing stop loss is a type of stop order that is designed to protect profits and limit losses. It works by setting a stop price that follows the market price by a certain percentage or amount. If the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency at the best available price. Trailing stop loss orders are useful for locking in profits and minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly. In summary, the main difference between trailing stop limit and trailing stop loss is that trailing stop limit combines the features of a trailing stop order and a limit order, providing more control over the execution price, while trailing stop loss is a simple stop order that is designed to protect profits and limit losses.
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• MagnoliabrickDec 15, 2023 · 2 years ago
  Trailing stop limit and trailing stop loss are two different types of orders used in cryptocurrency trading. Trailing stop limit orders allow traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. On the other hand, trailing stop loss orders are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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• AticusJul 18, 2020 · 5 years ago
  Trailing stop limit and trailing stop loss are two different types of orders that can be used in cryptocurrency trading. Trailing stop limit orders are a combination of trailing stop orders and limit orders. They allow traders to set a stop price that follows the market price by a certain percentage or amount, and also set a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. Trailing stop loss orders, on the other hand, are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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• Mahmoud SabryFeb 16, 2025 · 6 months ago
  Trailing stop limit and trailing stop loss are two different types of orders used in cryptocurrency trading. Trailing stop limit orders allow traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. Trailing stop loss orders, on the other hand, are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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• Mahmoud SabryMay 08, 2025 · 3 months ago
  Trailing stop limit and trailing stop loss are two different types of orders used in cryptocurrency trading. Trailing stop limit orders allow traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. Trailing stop loss orders, on the other hand, are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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• Mahmoud SabryAug 08, 2024 · a year ago
  Trailing stop limit and trailing stop loss are two different types of orders used in cryptocurrency trading. Trailing stop limit orders allow traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. Trailing stop loss orders, on the other hand, are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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• Mahmoud SabryJul 07, 2020 · 5 years ago
  Trailing stop limit and trailing stop loss are two different types of orders used in cryptocurrency trading. Trailing stop limit orders allow traders to set a stop price that follows the market price by a certain percentage or amount, and also sets a limit price at which the order will be executed. This type of order provides more control over the execution price, but there is a risk that the order may not be filled if the market price does not reach the limit price. Trailing stop loss orders, on the other hand, are designed to protect profits and limit losses. They work by setting a stop price that follows the market price, and if the market price falls below the stop price, the order will be triggered and a market order will be placed to sell the cryptocurrency. Trailing stop loss orders are useful for minimizing losses, but there is a risk that the order may be executed at a lower price than expected if the market price drops rapidly.
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