Welcome to the RJO Futures trading terms glossary. Within this glossary, you will find an expansive list of trading terms covering commodity, option, and futures trading terminology. Bookmark this section as a quick reference for definitions of trading terms as you browse the Internet and our site for more information on futures and options trading within the financial and commodities markets.
This special order type allows the trader to profit from favorable movement in the market while having the protection of a Stop order. But it frees the trader from having to constantly monitor the market and repetitively cancel/replace a regular Stop.