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➡️Trailing stop is a floating stop loss order, it is quite a popular tool, especially with forex traders. ➡️Trailing stop is a kind of stop loss order, but it has certain specifics. ➡️The main purpose of using Stop loss is to reduce the size of the loss, to keep risks under control, not allowing their excessive pressure on the deposit. ➡️Trailing stop is used when the deal is already profitable. Therefore, the main task is to protect the profit as much as possible when the market reverses against the trader's position. This is analogous to moving a normal stop loss to the breakeven zone and then following the price to protect the profit. During periods of trading movement, using a trailing stop allows you to take maximum profit from the market.

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DUMPING? IN THE PAST FEW HOURS, BTC IS DOWN OVER 5%, WHILE LARGE CAPS ARE DOWN 8%-10% THIS HAS NOTHING TO DO WITH THE CRYPTO MARKET AND EVERYTHING TO DO WITH THE US STOCK MARKET. THE US STOCK MARKET IS DUMPING TODAY, AND IT'S JUST BECAUSE OF ONE APP NAMED "DEEPSEEK." DEEPSEEK IS A CHINESE AI STARTUP THAT COMPETES WITH CHATGPT. AS PER SOME ESTIMATES, IT COST < $10M TO DEVELOP, WHICH IS WAY LESS THAN CHATGPT NOT ONLY THAT, TODAY IT OVERTOOK CHATGPT TO BECOME THE #1 FREE APP ON THE APPLE APP STORE. AS OF NOW, CHATGPT IS VALUED AT $157 BILLION, WHILE DEEPSEEK IS VALUED AT MERELY 0.2% OF THAT. THIS HAS CAUSED A MAJOR CONCERN AMONG LARGE US INVESTORS AS THEY'RE THINKING THAT THE US STOCK MIGHT BE TOO OVERVALUED NOW, AND THEY'RE SELLING IT SINCE THE MARKET HAS OPENED. I PERSONALLY THINK THERE'S NO NEED TO PANIC SELL YOUR CRYPTO AS THERE'S ALWAYS SOME FUD TO SCARE THE MARKET. HODL TIGHT AND JUST WAIT