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Glossary of Option Terms: Trailing Stops
Trailing Stops
Definition: A stop-loss set above or below depending on what the current price is as the price fluctuates. For a long position, a trailing stop would be set below the current price and would rise as the price advances.
As long as the price remains above the trailing stop, the position is held; should the price fall and reach the trailing stop, then the stop-loss would be triggered and the position closed.
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Related Terms:
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How One Company's Groundbreaking "Cancer Blaster" Could Make You Rich
While the World Health Organization predicts 12 million people will develop cancer in 2009, this little-known company is fighting the surge with its amazing cancer-killing device...
Although most people know nothing about it, this "Cancer Blaster" has already saved thousands of people around the world... Like Ohio resident, Caroline Brubaker, who says "with just three, pain-free outpatient visits, I had my life back" or Richard Swanson of Arizona who ended up cancer-free after just 4 hours of treatment...
The best part is, the company recently discovered an extraordinary breakthrough that could go mainstream in a matter of days... Read the full details to find out how you can get in ahead of the event - and be on your way to booking truly incredible gains.
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