A dynamic stop loss that moves with the price. If a stock rises, the stop loss rises too, locking in profits while still providing downside protection.
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T
Trailing Stop Loss
Trading Basics
Related terms
Ask Price
The lowest price at which a seller is willing to sell a security. Also called the offer price. The difference between ask and bid price is the spread.
Average Price
The weighted average cost at which you purchased shares of a stock, calculated by dividing total cost by total quantity. Used for P&L calculations in UseMoney.
Basis Point
One-hundredth of a percentage point (0.01%). Used to describe small changes in interest rates, yields, or expense ratios. 100 basis points = 1%.
Bid Price
The highest price a buyer is willing to pay for a security. Together with the ask price, it forms the bid-ask spread.
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in India typically charge flat fees (e.g., Rs 20 per order) or zero for delivery trades.
CMP
Current Market Price. The latest traded price of a security on the exchange. Used as the reference for real-time P&L calculations.