Using Trailing Stops to Protect Profits.

[Warrior]

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.

[muhammadatif]

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.

[aadrika]

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.

[anubhavsingh]

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 to
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

[shinde]

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.

[mayengbam]

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 turn off..

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 breakout

[aniket]

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

[dmambi]

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 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.

[cumil]

yeah, 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.

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 turn off..

[hardworks]

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.