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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Trailing Stop
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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