diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index fc4c65caf..42ac85fdb 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -1302,6 +1302,10 @@ class FreqtradeBot(LoggingMixin):
                             f"(orderid:{order['id']}) in order to add another one ...")
 
                 self.cancel_stoploss_on_exchange(trade)
+                if not trade.is_open:
+                    logger.warning(
+                        f"Trade {trade} is closed, not creating trailing stoploss order.")
+                    return
 
                 # Create new stoploss order
                 if not self.create_stoploss_order(trade=trade, stop_price=stoploss_norm):