Using Trailing Stops to Protect Profits.

[sino]

of course bro I also agree with you that trailing stop should be used in the trading. speed trading like the Sclping method becuase you will be ready to put the Stop loss in that trading system . so the Scalping there will be the soluation things.

[gin]

of course, personally I think it is true that using trailing stops is very important and useful in protecting the profits in the forex trading system. so stops will cut the trading session with smart income for our life to make successful in the forex markets. and use of the benefits in the system.

[minok]

yes dear bro, in fact I strongly do think that if you've set your stop loss then no need to use a trailing stop and vice versa, because I think both of these have the same function, wherein the trailing stop is a dynamic version of the stop loss.

[ity]

well bro, for me I personally believe that trailing stop strategy is one that I always use a separately locked ongoing profit. because I can not guarantee that the direction of the market will always be in line with my position. trailing stop is also a good money management, because we have the opportunity to earn large profits with virtually no risk..

[gin]

well actually my dear i strongly think that 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 both are very important in forex field to trade and protect our capital

[dafi]

well, I actually do think in forex trading business using trailing stops to guard profits. Hey my friend, i have listened a lot of this particular strategy. can u share u expertise whenever u trade using this strategy on this particular forum? hehehe, please assist me personally and some other traders that are newer in order to be able for you to help understand a lot..

[minok]

personally my dear for me I also do consider that trailing stop system actually help in protecting your profit but I want to tell you that if the trailing stop is too close to the current price, it sure will come back to hit your trailing stop and you will not get any thing more than the profit you trap. I particularly like this if I had made so much pips so that reversal in the trade will not bother me at all.

[ilyes123]

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 luck

[gin]

well actually my dear i strongly think that we all need to trade for earning more money but when our trade runs on from profit then we can protect with the trailing stops. We can use stop loss to but every pips up we have to reset and this work is automatically happen if we use the trailing stops.

[arshad4433]

Yes i think meta trader hamein aik bohat hi acha function bhi provide kerta hai k hum apni trade ko profit mein close kerein aur trailing stop ka main benefit bhi yehi hai k ager hamari trade profit mein ja rahi ho tu then hum trail stop ka option use kertay hain k ager market iss certain level se down aye tu then hamari trade automatically close ho jati hai.