Using Trailing Stops to Protect Profits.

[sariful]

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.

[fxghost]

bhaiya ji trailing stop ka use main karna pasand nahi karta hu main to yehi kahunga ki iska use sirf profits ko lock karne ke liye hi kiya jata hain agar profits lock karna hain to trailing stop hi use karna chahiye

[buran]

trailing stop is the best tool for newbies to use. This tool can help them to decrease their trading emotion if we know how to set up them. But i think we should learn for price action because many times market is in good volatility and it can break out point easily.

[nasimut]

a good strategy if we put stop losses and trailing stops in the trade. stop losses can help us to minimize the risk of loss, and trailing stop to lock in profits helped us that we get if price reverses direction quickly

[somakon]

I am Personally think that using Stop Loss is better since it is not so Limiting your Profit, Position that using Trailing Stop can actually easily get Hit by the Price Spike if you set it too tight. anyway it is still Helpful when you try to follow Breakout to Prevent Sudden Reversal or False Breakout.

[champy]

the need for the traders is that they should enter in the market at the right time. the thing is that we should try to put right stop loss and take profit and if there is any confusing of the right trades then it is needed that we should put trailing stop for good and well tradings.

[sulaisfx]

yes dear it is a best option mostly we do not use the trialling stop and think that market will give us ore profit but come bake and profit change into loss. if you use the trialling stop then may avoid from getting loss.

[mehmed]

I think the trailing stop will protect us and we will be able to run a forex trader as well and we have to be ready and I think trailing will be very useful and it will active after profit so it will protect at least investement profit.

[bdfahad]

Trailing stop is a very good options in forex..we can not find this kind of options in other trading business.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.

[asrafulkst]

Trailing stop is of good use, I sometimes use trailing stop when trading for bigger pips, but trailing stop can have also sometimes lower your gain, as sometimes trailing stop hit the price so soon and than it goes back again in your direction. So it's better to put trailing stop after your goal of pips on that trade.