In this video I will explain a trailing stop loss and show you how to set a trailing stop loss on the Phemex exchange.

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Kiel Wilson is neither an investment advisory service nor a financial advisor. Trading has large potential risk, you must be aware of the risks and be willing to accept them. Do not trade with money you can not afford to lose. Data and information provided through the Kiel Wilson's channel & videos is solely for entertainment and informational purposes. Nothing in this channel or videos and the information provided in it should be construed as a recommendation to buy or sell Stocks, Futures, Indices, Forex, Cryptocurrencies, or Commodities. Investing in Cryptocurrency, Bitcoin, or tokens is highly speculative and the market is largely unregulated - therefore anyone considering it should be prepared to lose their entire investment. CFD's, Futures, & Derivatives are complex instruments and come with a high risk of losing money rapidly. Futures, stocks and options trading involves substantial risk of loss and is not suitable for every person. Most retail investor accounts lose money when trading these instruments. It's up to you to do your won research and decide whether you understand how these work and whether you can afford to take the high risk of losing your money. Trade at your own risk, Invest at your own risk and understand that these videos are simply for entertainment purposes only.

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