with trailing stop then you can minimize your losses so you can get a little lost and could use a take profit for maximum profit and to be successful you need to understand well the market analysisQuote:
Originally Posted by Riskideki
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with trailing stop then you can minimize your losses so you can get a little lost and could use a take profit for maximum profit and to be successful you need to understand well the market analysisQuote:
Originally Posted by Riskideki
for me,,,,I prefer to put take profit and stop loss because after I opened the account position, usually I leave the computer for other activities
so that I use a trailing stop then it will not work, because my computer tur
yes I still use a trailing stop. it helped me to secure funding, with the trailing stop can I secure my funds from loss.
with a trailing stop I was able to secure funding
great if we have collection a stop burning along with trailing I think, we all don't need to be anxious any more in the event the value variations your trailing stop, mainly because we've created a profit. remain in your deal, we've been competent to transfer your stop burning which we've created a profit. while trailing stop alone assists as a protecting edge that people currently acquire.
trailing stop loss is a good option available for all those traders who are not active on computer all the time, by using this tool which is not available in other businesses on can put a limit to his profit, suppose a trader is gaining by 100 pips he can put trailing stop say at 30 pips and relax.sometime it gives handsome profits.
to work with a trailing stop your laptop needs to be connected to actually the web along with your trading platform, if not probably the trailing stop will not operate. if i like to work with a stop loss that sett at position +1 pips after price moves +20 pips then put take profit +40 pips in addition to accordance when using the predictions.
Forex is a good currency business.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.thanks..................................
Actually dear, trailing stop is a good option for long term trading. Because if you try to use trailing stop only fro 15-50 pips then most of the time you will can not get the expected profit. In this way to make money in this market will not accepted by you. But if you set trailing stop 80-above then you will can get good result. But dear for this you have to trade for long and you have to find out the long trend of the market perfectly.
any trading techniques in the use and certainly no time should also be kept in mind for later in the trading can continue to profit and also reduce the risk of a prolonged los, so there are times when trailing stiops was used at a given time but also sometimes used, but more s3ring use trailing stop to protect profits that we get and also do not forget to be patient and always be grateful for all the profit that we get though any amount
chance of loss is always there, because it is referred to as business forex business with high risk, so every trader must have the ability to minimize any risks, because if you can afford as I am sure we can get a good profit from this business.Quote:
Originally Posted by sugie