• General Stop Loss: This is a fixed price level set by the trader. If the market price reaches or exceeds this level, the position is automatically closed to limit potential losses.
• Trailing Stop: Unlike a fixed stop loss, a trailing stop moves dynamically with the market. It is set at a specific distance (in points or pips) from the current market price. As the market moves in a favorable direction, the trailing stop adjusts accordingly, helping lock in profits while still providing protection.

Platform Availability:

• A general stop loss can be set on both mobile and desktop versions of platform.
• Trailing stops are only available on the desktop version of platform. To ensure proper functioning, the platform must remain open with a stable internet connection.