Trailing Stop Orders on Alpaca!

Trailing stop orders allow you to continuously update the stop price threshold based on stock price movement, eliminating the need to monitor prices and send replace requests. You can set a dollar or percentage value away from the highest water mark as the trail to the latest stock price. This feature is available via Alpaca Trading API and provides an advanced way to manage risk in your trades. The stop price of a trailing stop order gets updated automatically, reducing the need for manual intervention.

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