Using Trailing Stops to Protect Profits.

we've been able to move the stop loss that we've made a profit. while the trailing stop itself serves as a protective advantage that we already get. I think, we do not have to worry anymore if the price touches the trailing stop, because we've made a profit . thanks...............

Trailing stop loss is very useful when you are trading for the long time as you will book some of the profit and try to get more profit from the trade by placing the take profit more farther. so Use it when you are in good profit and the trade is going with the trend of the pair.

i think forex is good .yes,trailing stop should be used only in trending markets where the price movements are going in a same direction and not in market where it is ranging because the value of the trailing stop can get triggered easily.and it is never recommended for scalpers to use trailing stop.best job.......................

i use trailing stops only when the market is a bit quieter and there is no sudden spikes which can close your trade and continue in the direct the trade was intended to continue, missing profits you could have earned. good job............................................... .................................................. .................

master's right to use a trailing stop us then we will be able to safely protect our profit and we can use at any of our account that we are more secured account until such time as we become successful and know how to trade properly

if we have set a stop loss and trailing stop in the trade, we've been able to move the stop loss that we've made a profit. while the trailing stop itself serves as a protective advantage that we already get. I think, we do not have to worry anymore if the price touches the trailing stop, because we've made a profit. good job............................................... .................................................. .............................

wherever possible we should keep our profit as quickly as possible if we could use we could use a trailing stop or use the other can be used as long as it can secure our profit

In this regard, a vey important lesson here is that you can determine the correct time to stop. This really is as being a reminder that you must try not be too greedy during the stock market. In case you have earned more than sufficient already, press the red button no longer want the much higher profits. An individual can prefer to get aggressive but always go through the risk connected with your decision.

I think the trialling stop is very important option in the Forex market.If you can use this properly then you can minimize your loss.SO i like trialling stop very much.So when you will trade in the Forex market then you should to use this option for saving your capital.I advise all trader should to trade in the Forex market with trialling stop.

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Originally Posted by MTEBESSI

Trailing Stops works just fine for beginning to intermediate traders who want to protect a profit.
Professional says : " let a winner run as long as possible ".
Are you still using trailing stops in your trading technique?

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trailing stop is a great tool which helps preserve profit in case you are profitable but fear the market will turn against the current trend.but it also requires a lot of practice to be fluent, if you set the trailing stop is too small, it is not good.