Trailing Stop

1. What's Trailing Stop?

A trailing stop order helps users lock in profits and manage risk by automatically adjusting the stop-loss level as the market price moves.

When the price moves in a favorable direction, the stop-loss moves up accordingly to protect gains already made. If the price reverses, the order is triggered to exit the position, preventing further losses.

2. The Two Position of Trailing Stop in TradeWiz bot

• Auto Sell

• Copy Trade

Copy Trade Setting - Copy Trade Auto Sell

3. How a Trailing Stop Works (Example: 5% Trail)

Price Movement	Current Price	Stop-Loss Level (5% below current price)	What Happens
Initial Price Set	100	95	🔒 Stop-loss set at 95
Price Rises to 110	110	104.5	🔄 Stop-loss moves up to 104.5
Price Rises to 120	120	114	🔄 Stop-loss moves up to 114
Price Drops to 116	116	114	⏸ No change, still above stop-loss
Price Drops to 114	114	114	🚨 Stop-loss hit — position is closed