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ya using trailing stop can be a good thing and we can protect our profit or our trade for a certain position .ya i think using trailing stop is a professional thing but i really don't use it because i am always doing manual trade and try to set tp and sl for each trade .
It is really a very useful way to secure your profits. Always use a trailing stops to protect your profits and also always try to make sure that the trailing stop is reasonable and you can take plenty of pips if it hits. Trailing stop is a tool that is under used in the forex market. Many of the traders dont use it and they dont know the exact difference to put trailing stops to make profit from it. If you can than it is much better for you.
hanji yahan trailing stop lagage ne se trader ko market me kuch na kuch profit miljaata hai aur aise me trader ka profit protect hojaata hai,yahan income earn karne ke liye ess tool ka use karna bahut he jaroori hota hai..Quote:
Originally Posted by mazprofx
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Trailing stop is very important at the time of trading because through trailing stop we can easily protect our profits.I am using trailing stop at trading because it will give me a good profit.The main benefit of trailing stop that it secure our profit in forex business.
trailing stop ke baarein me market me bahut kamm trader jaante hai aur esko sirf long term trader he yahan pasand karte hai,yahan trader agar ye sabb achhe se samjhenga to uske baad he wo ess business me esko use kar sakenga..
This really is accurate which trailing Stops to Safeguard Profits. If we established stop loss and then it worth will fixed there is actually no change whilst market will transfer on any kind of path. however if we talk about trailing stop probably the stop loss worth change on auto if the value transfer on u trader path.
trailing stop is an important part of forex trading, because when we use trailng stop, profit will be safe. of course it would make us more comfortable, because it managed to eliminate risks. apart from that we can get the maximum profit when prices move in one direction with a force strong enough.Quote:
Originally Posted by shribalajimaharaj
Yes my friend, we all need to book our profits and we all need to use the take profit or trailing stops to get success in trading business. I think we need to develop our own trading strategy and trade with proper understanding of the market. we need to book our profits and we need to set the stop loss too.
If the expert trader will try to doing this business and they have to doing lot of money making way easily . The forex have this option to doing it every moment that we will success here easily it is the system to do it.