Using Trailing Stops to Protect Profits.

[kaia]

Stop using trailing stop loss sounds complicated. but clearly this is one way to minimize losses is also effective. If we know how to use it we can even lock it at a profit. and it will definitely benefit the trader.

[jmsblack18]

The trailing stop is better than stoploss take profit method. There are two advantages which i learn using this trailing method. The first is trailing is more easy to use, trailing no need to modified many times like stoploss , they always follow the running price so, it's more comfort. The second is stoploss can't lock your profit. This is different with trailing who can automatically lock profit. So, even the TP point not reach you can still get profit.

[sudsind]

It is not necessary to use trailing stop along with stop loss it's your own choice, you can use stop loss without trailing and move sl yourself as the position grows in your favour, like if initially you placed a stop of 50 pips than after the position moved +25-30 pips move it to breakeven i.e. at the price you opened the trade so that if the position reverse suddenly it should not be stopped out in negative or you can move it to +5 or any value of your choice but give trade room to breath if you want to carry on with the position and as positons moves up move the sl, as trailing stop sometimes moves very close to the the current rate and many times you will be stopped out in profit but than you see it was just a small retracement and the price again moved in your favour which could have given you more pips.

[dineshji]

trailing stop never protect the profit trailing stop is big mistake in forex all trader know that this is volatile market and trailing stop does not work good only in long trend do you take a risk of your profit while you waiting trend to keep moving on.

[sidhu]

I do not use a trailing stop. If the trade is good then let it run. However, you can decide to use a trailing stop with large intervals especially if you are a swing trader. Large intervals of 100 **** will be good to use in your trailing stop so that you will be ale to make a minim profits of 100 ****.

[dineshji]

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.

[sidhu]

han gi app ki baat sahi ha main to app ko yahi masherwra doun ga k trailing stop loss waqi he ham newbies k liye kafi he acha ha main to es ko use kar k kafi had tak apne profit ko safe kar leta houn or wese bhi ager app es ko use karo ge to ye app ko khud bhi bata de ga

[jahangir2812]

The trailing stop offers a transparent gain in that it's additional versatile in nature than a hard and fast stop loss. it's a beautiful various as a result of it permits the trader to continue protecting his capital if the worth drops. But, as soon the will increase and profit whereas reducing the danger to capital.

[bjbh427]

I always prefer the stop loss without the trailing stop. the reason is its simplicity and i guess it is easier to modify even after once the trade is opened.
I guess people here should stick to the simple stop loss and don't try anything complex until they are expert to do so.

[sinaga]

if we have set a stop loss and trailing stop in the trade, we've been able to move the stop loss that we've made a profit. while the trailing stop itself serves as a protective advantage that we already get. I think, we do not have to worry anymore if the price touches the trailing stop, because we've made a profit