And the answer is there is nothing like trailing stoploss in reality! We have only one stoploss in place at one time.If this is placed at the time just after entering a trade,then it is named 'Iniial Stoploss' ; when this stoploss is 'modified' to another stoploss,after sometime of placing the initial stoploss,for any reason,be it the trade moving in the right direction,time elapsing based reasoning,changing buy-sell pressure,whatever cause it might be,then it is called 'Trailing Stoploss'.
Hariom
Hariom