Definitions for "TRAILING STOP"
Also know as a progressive stop, a technique that trails the price of a stock up with a stop right behind it. In most cases this is a manual process by the trader though a few brokerages are now beginning to offer this form of stop.
A stop-loss order that moves along in the direction of the prevailing trend. Trailing stops are typically used to help lock in profits on a winning trade.
An exit strategy that continues to move your stop as the market trades in your favor.
Keywords:  lock, profits, feature, trading, helps
a feature of many trading applications which helps you lock in profits