futures orders
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Reduce-only orders help futures traders exit without accidentally flipping exposure
Reduce-only is a small checkbox with a large purpose: it helps leveraged traders shrink a position instead of opening an unintended opposite trade.
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A trailing stop is not a magic lock on profits; it is a volatility setting
Trailing stops can follow favorable price movement, but callback distance, trigger source and market liquidity decide whether the order protects gains or exits too early.