Using Trailing Stops to Protect Profits.

[fxbirati]

Using Trailing stop means actually using the stop loss but this stop loss has extra feature, if the gain increase the stop loss position also increased automatically and it provides us the best solution to secure our profit.

[Pierre]

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.
you have to learn more and more and train good.........,

[ity]

my dear actually I think 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. A trailing stop does not stop a winner from running, depending on the setting of the trailing stop.

[ishvara]

Losses is always imminent in Forex. That is why protecting our trades from it is soemthing big. The trailing stop loss can be used by a Forex trader for the protection of their profits, This is a cool tool.

[effect]

we should know how the stop loss is working, and trailing stop. as I know the trailing stop will not working if we did not connected with the internet and our account, and the trailing stop will not be affectife if we use it on the side way market and it will definitely benefit the trader

[dafi]

dear of course I believe when you trade for the long time then you can move your stop loss above your trade level so that it is called as the trailing stop loss in which you will not get any loss but you book your some of the profit and wait for more profit if the pair again move in the direction of your trade.

[Pierre]

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.
You have to learn more and more and train good......

[ocea]

trailing stop is very nice to help us protect our advantage, but we need to know that the use of trailing stop, it is tantamount have used so many pips that will be the point of our losses, when prices are not trending, trailing stop will be totally useless, so I do not like the use of Traling stop, because it will give the effect of a little loss

[TIMOR]

after establishing trailing stop no need to have more stress on trade think trailing stop is a very good option to protect your profit because it is minimize your profit but it will give more profit or save our profit too.

[Pierre]

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.
you have to learn more and more and train good......

---------- Post added at 03:27 PM ---------- Previous post was at 02:51 PM ----------

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.
You have to learn more and more and train good......