Using Trailing Stops to Protect Profits.

[ce34]

Is excessive use of stop-loss when the dealer does not want to quit his position to win and we also want to continue to trade because it is believed that the rally will continue in that he can use a trailing stop-loss to lock profits and continue to trade at the same time.

[radhika]

I've used a technique like that, and sometimes I also managed to use it but sometimes I fail at using the tactic. What I have noticed is that we should use the capital nor should we take the position that best fits our capital remains safe and still make a profit, the loss would be even smaller.

[ObaFX]

using trailing stops is a very good way to avoid some good trades that later ends badly as your stop loss will be automatically adjusted to protect some part of your fit so as to ensure you exit with small profit instead.

[abubakar123]

If we put a stop loss after that will be a constant value there is no change, while the market will be moved in any direction. But if we are talking about trailing stops and then stop-loss value change in the car if the price moves in the direction of your merchant. If the price oppostie go to your trade.

[saeedajmal]

highly experienced trader use this type of trading and they open trade in huge volumes like 10$ per pis but we are all here not have good backup amounts so we need to trade well and use low volumes for our trading in this case we no need to stop loss and at one time market comes to the point ad we earn profit

[muneer123]

In all forms of long-term investing and short-term trading, deciding the appropriate time to exit a position is just as important as determining the best time to enter into your position.

[Discordance]

i dont think if trailing stops is the good way to protect your profit order because sometime the price after hitting your stop lose is back and up to your side so it hink better to close manually instead of automatically

[tuyen]

The point of this example is that you want to build money management rules as to how to when you lose in a while you still have enough capital to continue the game. You can imagine what would happen if you lose lose 85% of your account? You will earn 566% of the remaining funds in the account to be able to break even. Trust me, you will not want to fall into that situation. In fact, this is a chart that will outline the percentage that you have to get back to break even by your loss rate

[crux9]

Hi member, i do not think about Trailing Stop Orders. I do manually close my orders as i see that i have got a good profit, the best thing is i think your take profit (TP) and wait until it is done. why do not you watch your market until your orders complete? i think that's better.

[bibh]

but if we use trailing stop, we must online until the price hit our stop loss. its not good i think. if we already in profit for 20 pips, i think we can put our stop loss in SL+1 pips, to make our position safe