much profitable cause when you use a trailing stop then the sl is dragged to the profit zone and when the negative movement occurs then if sl hit then some profit can be put in pocket. No loss done.
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much profitable cause when you use a trailing stop then the sl is dragged to the profit zone and when the negative movement occurs then if sl hit then some profit can be put in pocket. No loss done.
Trailing stop is good but not verygood for both profit our profit and prevent huge losses in forex trading. In my oppinion, traders should use this tool like a part in their trading strategy for take advantages its benifit
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I do not use a trailing stop. If the trade is good then let it run. However, you can decide to use a trailing stop with large intervals especially if you are a swing trader. Large intervals of 100, will be good to use in your trailing stop so that you will be ale to make a minim profits of 100.
Even the hardest hits can be smoothed with bump stops . They protect your chassis from the extreme energy transfer impact. For a street-driven application emulsion shocks are more than enough,
i think its one more use of trailing stop. in high market movement we can not set stop loss and take profit so trailing stop is a good way. 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............................................... ...........
we could say trailing stop is like stop loss but its difarant with stop loss.but if we there for talk about tralling stop then the stoped loss value changeing in auto if there price move in our trader direction if price move in your trader oppsite too our trade then the value is fixed.for the online marketin.
if you want to keep the benefits of trading you are doing, then the use of trailing stop is a good choice, but the trailing stop only works if you keep opening your trding platform that is connected to the Internet network you use. other alternative is to manually place a stop loss at a positive position after prices moved more than 15 pips in the direction of the open trading.
to use a trailing stop your computer must be connected to the Internet and your trading platform, if not then the trailing stop will not work. if I prefer to use a stop loss which sett at position +1 pips after price moves +20 pips and put take profit +40 pips or in accordance with the predictions.
i don't use trailing stop because i think it is not very useful as much ,i just do it manually and cutting my profit and lose manually ,but i think you don't need to place your trailing if you are sitting in front of computer