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Tradeview guide part 4: New ordersTrailing Stop Loss Bitstamp Order is a must-have tool for any successful trader. This dynamic SL order will limit potential losses and may act as a Take Profit. The trailing stop is more flexible than a fixed stop loss, since it automatically tracks the bitcoin's price direction and does not have to be. If the price then falls, your stop sell order will be executed at USD for 1 BTC. Trailing stop orders are used for securing your profit and increasing.