Hard Stop vs Trailing Stop
Quick comparison to help you distinguish these two crypto terms.
Hard Stop
intermediate
risk
A firm, pre-placed stop-loss order entered into the exchange immediately upon trade entry that automatically closes a position at a specific price without requiring any manual intervention.
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intermediate
strategy
A dynamic stop-loss that automatically moves in the direction of a profitable trade as price advances, locking in accumulated gains while allowing the position to continue benefiting from ongoing price movement.
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