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Main to sirf stop loss ko use karti hu, trailing stop use karne se better main apne profit ko close karna hi pasand karati hu kyoki profit chahe kitani bhi kyu na ho humen accept karna chahiye, waise apne profit ko lock karne ke liye trailing stop bhi achcha option hai magar main eska use nahi karati hu.
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if I prefer both, I was at the first open position I would use a stop loss that aim to reduce my losses on forex trading, and if already felt my profit then I will change TrailingStop with the objective to lock my profit.
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we adjust our stop loss we put ourselves in a big danger so i advice to not change the stop looss if market go against you then you face few loss but if you not use SL then you can loss
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new anay walay traders ko stop loss ko use karnay ki adat bna leni chahye jo jitni behter tor pay work karta hai us ko utna he behter aur acha tajurba hasil honay k chances hoty hain is lye behter seekhnay aur samjhnay me he faida hota hai jiss ko acha work karna ata hai us ko behter tor pa kamyabi mill sakti hai.
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My friend in different situations I believe it is depends on the market conditions and young children and can that in case needed and then stop burning is must if the trade with profit then you can use your trailing take a look at our each and every trades.
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dear i use the stop loss on very few occasion and i have never experiences with the trail stop and i always use the take profit and stay with my trades to watch them personally and try to close where i feel that its enough for me to take profit
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forex main stop loss bhe he important hai kion k stop loss k use se ap ziyada loss se bach jate ho es ly sl ka use bht he zarori hai forex main trading main stop loss apki strategy ka part hona chai forex market ki direction ko look karn oor best plane kar k he trade karn especially jab apne aik se ziyada position open ki hon tab bhe stop loss ka use bht must hai forex main learning process ko continue rekhn apni mistakes ko repeat na karn
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Looking at your comments i found out that using stop loss is protect our account, my question is , is it all trading system that you use stop loss because i have a system i trade that do not demand the use of stop loss, if you are trading correlation currency pair . that entry trade of two currency pair that are positively related but you dictated deviation and you decided buy one and sell the other, and watching to converge
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use a stop loss. after entry position I normally would activate the stop loss. but by the time my entry and enough profit, I will secure my profit using trailing stop that the profit that I can not turn into a floating minus.
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yes its effective all you have to do is to work hard on the finding the trail stop price you have to work on the trend and then you hve to work on the indicator wether you have correct trail stop loss or bot