Use of stop loss or trail stop.

[fxbirati]

Am still not clear on how to apply the trail stop effectively. All i do is keep adjusting the stop loss along the trand movement. is trail stop effective?

Yes Trailing Stop is the most effective tools in MT4 or trading platform to secure our profit and we need to understand that using the trailing stop is always better than take profit and we can use the stop loss too.

[Takiart]

Hello to all members, thank you very much on the subject I have benefited from it a lot at the moment I am a novice I can not inform you that I hope that in the future and I can not remember if the word stingy Thank you

[xaxi]

Yes dear I actually think that you'll see the great damage, even though the stop loss is due to receive some of the loss. stop loss is very importrant tool of forex trading business,, if every trader learn properly and do tarde at the right time so they can not face loss.

[PRAYOGO]

market moves back again trailing stop loss will trigger and our order will be closed and you get the profit and you think that now the trend will be reverse then it will be automatically stop on profit.

[TIMOR]

using stop loss from the broker then one should avail it all the time and used when your trades are in profits and you move them from time to time and trail them in order to book the minimum profits

[Aziz Marzouki]

for me , i use the trail stop becouse it make me have max profit so i have used with 15 points
also , stop loss is very important becouse he make the min loss and make the correct trend to open new trend
thank for all members to chat on this very important subject

[dareking]

forex market me jo stop loss toll ko use karke chalta hai sirf woi ess business me apne loss par coontrol kar sakta hai,yahan stop loss jaroor lagakar chalna chahiye tabhi aap ess business me achha kar sakte hai..

bhai stop loss lagana ye humare liye bahut hi jaruri hota hai, main itna janta hoon, jo bhi trader stop loss laga kar kaam karte hai, waise trader idher jayda safe rahte hai, wo achi trading kar pate hai bhai.

[fxearner]

forex market me jo stop loss toll ko use karke chalta hai sirf woi ess business me apne loss par coontrol kar sakta hai,yahan stop loss jaroor lagakar chalna chahiye tabhi aap ess business me achha kar sakte hai..

[ahtashametimad]

Just place a trade and then go to trade section and right click on the placed trade and then you will find trail stop there. Just hover on that and place trail stop of minimum 20 pips.

[xaxi]

well dear I actually feel that trading with low risk is highly admirable as many traders lose a lot of money when they use high lots like stop loss helps us in saving our investment from big loss then so i think that is very good tools for every forex trader as a live account is the best place to learn indeed although we are masters in the demo account still possible we made a mistake in trading..