Using Trailing Stops to Protect Profits.

Yes Well said
:)

There are two ways to enter a stop loss order. You can enter a dollar amount, for example if your stock is selling at $40 per share, you might enter a stop loss order for $37.50 per share. When the stock price drops to $37.50, it trips the stop loss order and the broker sells it.

Yeah it is a great advantage in the Forex trade most of the people like it and apply in their trade because they can save themselves from big losses and through it they can stop loss easily

yes trailing stop is incredibly smart toll within the forex mercantilism that is employed for lockup the profit , as a result of after you trade and keep your position opened at that point market could reverse thus its higher to use the trailing stop in your mercantilism to lock your profit.....

I discussed the value of stop loss orders as insurance for the market moving against your stock. Trailing stops, a form of stop loss orders

trailing stop is very helpful. in this trade we will never know what will happen next. trailing stop can help us to lock in profits that we get, if the price reverses direction quickly. we do not have to worry with the advantage that we can.

Han yeh bilkul thek hai ap is kay through apnni trade ko baray loss say bacha suktay hain laikn jisko is baray main complete information ho incomplete knowledge hamesha apko faiday ki bajaya nuqsan pohnchati hai

Trialling stop is the most advantage option of Forex specially for those who want to earn more or, can't control his greed. I enables us to earn more than our target if the price level rise. Every time when I opened a trade I must use trialling stops.

Trailing stop is very essential when you are trading for the long time as when you get good profit then you can move your stop loss as trailing stop loss and take profit target also moved further so that either you can get good profit and you will not lose most of your profit.

see these two are very understood option for the one who know already about the forex and are not understood for those who don't know already about the forex so i am telling you the concept of stop loss here stop loss is the technique which close your trade from the further loss for example if you loss well know you don't want to loss further so you have to put stop loss