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RE: Crypto Academy Season 3 Week 8 Homework Post Risk Management in Trading for (@yohan2on)
Hi @kayduke
Thanks for participating in the Steemit Crypto Academy
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Trailing stop loss is a strategy used by traders to increase profits but reduce losses in the market.
NO, it does not increase profits. The trailing stop loss is rather used to lock in profits for trades that are in the trader's favour.