Trailing Stop Loss: How It Works and When to Use It
Warren Team
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Key terms
- Stop-Loss OrderAn order to sell a stock when it reaches a specific price, limiting potential losses. Becomes a market order when triggered, so execution price isn't guaranteed.
- Capital LossA loss incurred when selling an asset for less than its purchase price. Capital losses can offset capital gains to reduce tax liability.
- Impermanent LossA temporary loss of value experienced by liquidity providers when the price ratio of the tokens they deposited into a pool changes compared to when they deposited them. The loss is called 'impermanent' because it can be recovered if the token prices return to their original ratio. However, if you withdraw your funds while the prices are still divergent, the loss becomes permanent and can outweigh the trading fees earned.
- Room and BoardThe combined cost of housing and meal plans at a college or university, which is a significant portion of the overall cost of attendance. Room and board costs vary depending on whether you live on campus, off campus, or at home, and the type of meal plan you select. Many colleges require first-year students to live on campus and purchase a meal plan.
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