> For the complete documentation index, see [llms.txt](https://dexible.gitbook.io/dexible/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dexible.gitbook.io/dexible/order-types/comparing-order-types/trailing-stop.md).

# Trailing Stop 

Use a Trailing Stop as the an asset rises to maintain profits up to a percentage or number amount from the peak price.\
\
A trailing stop is designed to protect gains by enabling a trade to remain open and continue to profit as long as the price is moving in the investor’s favor. The order closes the trade if the price changes direction by a specified percentage or dollar amount.

<figure><img src="https://1703316044-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MOgWrubncz4DmRhGe8U%2Fuploads%2FTxKAoQjuZBKiDi8iFKRB%2FTrailing%20Stop%20Loss%20Order%402x.png?alt=media&amp;token=ca5ecf81-cae6-4e8a-b475-a3c5f904ecfb" alt=""><figcaption></figcaption></figure>

**Find more steps here:**

{% content-ref url="/pages/-MOgapRFZdrxOGtAXQLD" %}
[Submitting an Order](/dexible/master/submitting-an-order.md)
{% endcontent-ref %}