Using Trailing Stops to Protect Profits.

[goodfx91]

"

this business besides the trader have good knowledge and also strategies, and it means that they can make good their trading, follow the rules and control the emotion and then they can make good analysis if you have $100usd you lot size may be 0.16 or 0.1. you can take risk ten or fifteen percent of your total amount.

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[pentkor]

I find that the trailing stop is the right way to secure profit us because we will be safe with trailing even though we are in the living in the trading but it was very nices as for a trader. so with a trailing position already profit may not be a minus, because that is securing the traling so it was very nice !

it is true, trailing stop is the best way to secure the position when it was getting profit. even not only to eliminate the risk, but the trailing stop is also a way to maximize the profit. so I think this is a good strategy for any forex trader, and should be studied.

[goodfx91]

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It is better for you that when forex trading start you will set your stop loss due to set stop loss your money is safe when market forex trade going down and it is automatechly cut off that way you may not loss huge loss in trading

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---------- Post added at 05:57 AM ---------- Previous post was at 05:55 AM ----------

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Oh dear, I am not agree with you. Forex is the most risky business in the world. But by learning it well we can reduce its risk level upto 86%. We should know that Forex is the most profitable business too. So tension and depression here more that eearning it is not true foe me.

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---------- Post added at 08:05 AM ---------- Previous post was at 05:57 AM ----------

"

It is better for you that when forex trading start you will set your stop loss due to set stop loss your money is safe when market forex trade going down and it is automatechly cut off that way you may not loss huge loss in trading

"

---------- Post added at 08:07 AM ---------- Previous post was at 08:05 AM ----------

"

Oh dear, I am not agree with you. Forex is the most risky business in the world. But by learning it well we can reduce its risk level upto 86%. We should know that Forex is the most profitable business too. So tension and depression here more that eearning it is not true foe me.

"

[sodaso263]

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we need to stop loss because many persons are have there all money to in forex so for their do not you think it shall be wasting money triggering stop loss when you know your prices shall come back after some time or your trade shall return in profit? yes it is

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[foxnoor311]

"there is an interesting question: If we still had strength enough margin to hold floating up to hundreds of pips, do we still have to use a stop loss?
For traders who do short term trading pattern, may be an important stop loss because he did not want to hold too long minus. But for longterm trader, I think they would never do stop loss. They prefer to use hedging or martingale to minimize losses that would arise "

[sodaso263]

"

we need to stop loss because many persons are have there all money to in forex so for their do not you think it shall be wasting money triggering stop loss when you know your prices shall come back after some time or your trade shall return in profit? yes it is

"

[foxnoor311]

"there is an interesting question: If we still had strength enough margin to hold floating up to hundreds of pips, do we still have to use a stop loss?
For traders who do short term trading pattern, may be an important stop loss because he did not want to hold too long minus. But for longterm trader, I think they would never do stop loss. They prefer to use hedging or martingale to minimize losses that would arise "

[Mubariz]

yes bro i agree trailing stop is raelly good option..becouse its protect the profit from the loss. It is helpful for us like stop and take profit. so we should use trailing stop to protect profits. trailing stop is better than closing the trade early on small profits or stop loss so i really like it and use my all trade............

[imtrader]

It is the important thing to take free rides specially when you are a swing trader and manage to get few trades according to your plan and when you set trailing stops and use them accurately then you might have been stopped 9 out of 10 times but you completed trade risk free and that one time get you profits and you need to preserve those profits and don't risk more to get more but look for levels again that works best for you.

[monica]

I also do think the trailing stop reducing our profit results that can be obtained because just imagine every rose 15 pips we only go up 1 pips stop loss. it is advisable to use stop loss to protect your account when ever you are trading