Using Trailing Stops to Protect Profits.

[agus3049]

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.

[christbukky]

by making use of the trailing stop loss it means adjusting our stop loss with points as the market is moving but before we can be able to make good use of this it is very much better than we learn how to use this in our demo accounts before we start to be using it as well.

[yahoo21]

yes trailing stop is very important in such a volatile market like the forex market , to protect are profits , and as many traders if a trade is profitable let it running for as ,ong as possible , and trailing stop will help to protect the profits from being wiped away so in both cases you`re going to end up earning with zero losses which is a very good thing ..

[uchenna]

Traling stoploss is very good in the forex market , this is because the forex market is uncertain some times and there is need to protect the profits already made in the business hence trailing at some points of the market is good, even when the market takes you out , you will be able to retain some profits eventually

[syedmahmoodali]

gee han trailing stop ak buhat hi achi chez hay hum is ko apne profit ko save or zada karne ke lie use karte hen or mere khyal me achi news ke bad tradilng stop ke satrh kam karna zada benifitable hay.

[tayyab982]

jo new forex ki trading mein ata hain tu jab bhi wo order lgta hain tu un ko as baat k confirm nahi hota hai k hum ne jo bhi order liya hai wo theak hai ya nahi hai kyun k un k pas itna experience nahi hota hai as liya stop profit k option acha hai aur aap khen chala bhi jata hai tu aap ko koi bhi tension nahi hoti hai.

[bistora]

I think that having a trailing stop is just asking for the trade to be stopped out. If you decide to ad a trailing stop then you should be aware that the market tends to pull back and stop out trailing stops. The best thing to do is to set a stop 2 resistance/support above the price.

[khan altaf]

yeah this is a very good idea to use trailling stop for getting more profit. you can also use it to take less loss in ours trading, but I did not use it much in my trading so I donnot know much about it, I heard about it so if you think it is good then you can use it.

trailing stop is designed essentially for not obtaining a lot of profit, however rather to secure profit is gained just in case from sudden trend reversal along with rising our consider profit when the State of the open positions we've floating and, so that you could maximize the profit obtained

[hydffoh]

I somebody to couple most pursuit stoppage a few days ago and I module use this deciding in my trades. I opine down halt is a real cracking alternative to protect your get. It is downplay your profit but protect you pattern red.

[asim444]

Trailing stop uses the same pattern as that of stop loss. Though it only focuses on protecting profits already made while stop loss is targeted at protecting margins. Though i use trailing stop especially when there is mixed data in the news.