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# Trailing Stop-Loss
## Place a Trailing SL
* Click **Trailing** in the trading module to pull up a draft line on the chart.
* Edit the size of the order by dragging the bar.
* Drag the draft line to the desired price point and submit the order.
## What is a Trailing SL?
An augmented version of the normal Stop Loss that automatically follows market price as it goes in your favor while maintaining a steady distance, but does not move if the price starts going against you. This can be used to maximize profits if set in the green or minimize drawdown otherwise.
> **Example:** In the case of a **Long** position, If the **market price rises**, the **trailing stop will rise with it**, maintaining the set distance. If the asset’s price starts to fall, **the stop loss doesn’t move down**. If the price hits the stop loss level, it triggers a sell order to minimize losses.
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