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 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?
trailing stop is a very good options in forex..we can not find this kind of options in other trading business.
with the help of we can lock our profit and after setting trailing stop there is no need to take more tension about trade.
i use trailing stop but in only one condition. if my profit is more than 200pips then i set trailing stop of 50pips.
yes assi, 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.Quote:
Originally Posted by assi
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.Quote:
Originally Posted by kanwaljit
yes, sudden spikes can take out the stops any time and make you quit the winning trade, in a slow trending market condition the stops do nt get triggered easily and will help in protecting earned profits as the price movesQuote:
Originally Posted by zoomfire
friend requotes problem come when every we see very high movement in market. this is most of the news time.Quote:
Originally Posted by assi
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.
trailing stop will help to close our position with some no. of pips.
wese main es k barey main itna nahi sona or ager ye stop loss se related ha to phr waqai karaamad cheez ho gi kioun k stop loss waqai ap ko margin call or high loss se bacha sakta ha to ye bhi app ko aese he loss se bachata ho ga may be ager koi or information ho to zaror share karna plzQuote:
Originally Posted by MTEBESSI
trailing stop is very useful if we're in a state of floating profit target but we're not yet been reached so as to save the profit that we should have obtained the key by using a trailing stop.
you can say that trailing stop is like stop loss but its different with stop loss.Quote:
Originally Posted by tibasingh
if we set stop loss then it value will fixed there is no change while market will move in any direction. but if we talk about trailing stop then the stop loss value change in auto if the price move in your trader direction. if price move oppostie to your trade then the value is fixed.
yes trailing stop is a good way to maximise the profit. i use it quite often. i am not able to be in front of the trading platform all the time so i set a trail stop to my winning positions before leaving the platform and many times it gave me handsome profits
Trailing stop loss is used when a trader does not want to exit his winning position and also want to continue the trade as he thinks that the rally will continue to he can use trailing stop loss to lock his profits and continue the trade at the same time.
I feel so sad when my trade is showing good profit and then suddenly market truns and my trade goes in loss, in such situation setting a trailing stop loss would be wise decision as once we are in good profit at least major portion of it we can protect using this.
yeah, trailling stop is very usefull to protect and keep safe our profit.Quote:
Originally Posted by mayengbam
i am also often use this tool, usually i use it when i trade in the news, because the movement is very fast and when i get profit in my position, i use TL so i will not fear if the market will turn back.
its a good way for getting maximum profit.Quote:
Originally Posted by mayengbam
if we set only stop loss then there is only one chance of loss there is no chance that we got profit if our trade one move in profit.
beside in trailing stop if one our trade move in profit then its sure that we got only profit there is less chance of loss.
i am also using trailing stop..in case scalping i use a EA that set automatic trailing stop.
No, i didn't use trailing stop in my positive floating trades. You can feel the difference, if you know or predict the exit point then exit from that. If you set trailing stop then it surely decrease 10pips from your profit. Try many times and post the results here.
I prefer to put take profit and stop loss because after I opened the account position, usually I leave the computer for other activitiesQuote:
Originally Posted by SG Trader
so that I use a trailing stop then it will not work, because my computer turn off..
This is only the disadvantage of Trailing stop , i wish it could have worked for me when my computer is OFF. But still it will be useful when we are working on other applications with computer ON it will take care of our profit.Quote:
Originally Posted by cumil
wese main es k barey main itna nahi sona or ager ye stop loss se related ha to phr waqai karaamad cheez ho gi kioun k stop loss waqai ap ko margin call or high loss se bacha sakta ha to ye bhi app ko aese he loss se bachata ho ga may be ager koi or information ho to zaror share karna plz
For your kind information trail stop works even your computer is turn off because the order is set in the instaforex server not in your computer. thats why trail stop will help in maximizing the profit if there is a breakoutQuote:
Originally Posted by cumil
Trailing stop loss is used when a trader does not want to exit his winning position and also want to continue the trade as he thinks that the rally will continue to he can use trailing stop loss to lock his profits and continue the trade at the same time.
trailing stop ek bahut acha forex tool hai agar isse thik se usek iya jaye toQuote:
Originally Posted by shinde
zadatar tarders isse use nahi karte kyunki unhe lagta hai ki apni dals ko loss me close karna thik nahi hai..lekin isko ignore karna acha nahi raheta tarders ke liye aur thik se study karke isko use kiya jaye to acount ke liye bahut acha rehta hai
Trailing stop does help to protect profits if you have a large target and you are trading in trending market. If you are trading in a ranging market, a trailing stop might not do much for you but cut your trades consistently at the first opportunity.
I have to know about trailing stop a few days ago and I will use this option in my trades. I think trailing stop is a very good option to protect your profit. It is minimize your profit but protect you form loss.
Trailing stop loss is a great feature of Forex trading. One can use it to protect profits gradually with the price movement. It helps to lock profit with every pip movement but there are its draw backs as well of which 2 are the most prominent. The first one is that you need to keep your trading terminal open in order to make this feature work. If you close your terminal, it won't work. The second drawback is that if you use a close trailing stop loss, there are chances that the stop loss gets touched with a small retracement and then you miss a huge move.
The biggest mistake i think is leaving our trade unattended when it is in profit, i dont understand what for we open the trade if we dont book profit, at least if we want more profit we can use trailing stop to fix at least some profit in case trade goes back to opposite direction suddenly.
yes trailing stop is very good toll in the forex trading which is used for locking the profit , because when you trade and keep your position opened at that time market may reverse so its better to use the trailing stop in your trading to lock your profit
When we are going away from the computer terminal and our order in market is running in profit then Trailing stop helps us very much to still keep the order safely in market with protected profit. but the disadvantage is to run it we need to keep our computer in ON condition.
it is true that using a trailing stop is very useful for traders who do it because it can keep the profit that is earned but not yet achieved profit targets so as to use a trailing stop in order to maintain profit organization that has been established that in order not to be a loss again.
brother shall you please tell me what is trailing stop and scalping?i heard from somebody that trailing stop will result in profits.is it true?is it will be useful for a beginner and how it will be useful to them?please clear my doubts and i am a newbieQuote:
Originally Posted by s19
jahan tak traling stop ka sawal hai to ise har koi ko use karna chahiye kyuki agar profit ho rha hai to isse fayda hi hoga aur agar loss ho rha hoga to hamara kaun sa wo value change hogi..i use it regularly...
trailling stop is very usefull to protect and keep safe our profit.
i am also often use this tool, usually i use it when i trade in the news, because the movement is very fast and when i get profit in my position, i use TL so i will not fear if the market will turn back.
Using trailing stop is a good tool but I never use it because I do short term trading and I usually close my trades for very small profits. Trailing stop is the basic need of those traders who want to wait for more profit once they go in profit and they don't want to close their trades so they put trailing stop so that their trade close on profit in case the price reverse.
wese main es k barey main itna nahi sona or ager ye stop loss se related ha to phr waqai karaamad cheez ho gi kioun k stop loss waqai ap ko margin call or high loss se bacha sakta ha to ye bhi app ko aese he loss se bachata ho ga may be ager koi or information ho to zaror share karna plz
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.
yaar main to ek saal se houn or main sirf manaul treeqa he use karta houn trading k liye par ab main kafi parrha ha yahan pr trailing stop loss k mutaliq to ab mugh ko bhi us main interest hoie ha esi liye main ab soch raha houn es ko use kar k dekhoun to jab main es ko use karoun ga to app ko rezult bataoun ga zarorQuote:
Originally Posted by MTEBESSI
yeah this is a very good idea to use trailling stop for getting more profit. you can also use it to take less loss in ours trading, but I did not use it much in my trading so I donnot know much about it, I heard about it so if you think it is good then you can use it.
main to gi abhi tak new houn or main ne sirf stop loss lagana seekha haor stop loss to bahot he karaamad cheez ha kioun us ki waja se app ziyada barrey loss se bach jate ho esi liye app ko chiye k app trailing stop loss bhi use karo main ne to abhi tak es ka experince nahi kiya ha par jald he es par bhi kaam karoun gaQuote:
Originally Posted by MTEBESSI
When we have made profits in any trades it become very much important that we are able to close the deals. If the orders are not booked then time is not far when the profits will be converted into loss as the markets retrace very fast and we get no time to stop them. Using the trailing stop loss is beneficial for us in these times.Quote:
Originally Posted by naziakhan
I use trailing stop to protect my profits.Because i have not very much experience and if i see a profit of 15-20 pips i do place trailing stop and hope for more pips.
I do see trailing stop-loss would be more useful when we enter into market with swing trading strategies. But I use definite target unlike waiting till market reverse, so I do not go for trailing stop-loss. I strongly believe trailing stop-loss is must in swing trading to protect the gained pips against the trend change.Quote:
Originally Posted by atif58