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Stock Trading MCQs

What is a "trailing stop" order?

An order in which an investor actively changes the stop loss price of the order based on current market prices

A multi tiered stop loss order

A stop order placed after the purchase of the underlying stock

A stop order placed before buying the underlying stock

Answer

Correct Answer: An order in which an investor actively changes the stop loss price of the order based on current market prices

Explanation:

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