Bybit Trailing Stop https://goodcrypto.app/bybit-trailing-stop-orders/ loss acts as a protective shield for your portfolio and protects it from sudden price fluctuations. It works just like a Take Profit or Stop Loss order, but it follows price at a set trailing distance and automatically fills your order when the price has passed that distance. This feature is ideal for traders who want to exit their positions with a profit and limit their losses.