Using Trailing Stops to Protect Profits.

[aandree]

in high market movement wecan not set stop loss and take profit so trailing stop is a good way. iuse trailing stops only when the market is a bit quieter and there is no sudden spikes which can close your trade and continue in the direct the trade was intended to continue, missing profits you could have earned

[angle]

it is very important for as to trail our stoploss in order for us to start trading in the industry for you to profit in the market and that isvery good if you asked me.

[vickymughal]

trailing stop is the tools to lock the profit and follow the trend until meet the TP or it will cut loss with automatically if the trend against the order, it is good then we do not loss the profit that we have got

[damiar]

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.

[jab we met]

yes off course most of the time i see many of our entries give us profit then go back to loss so i think we need to set stop loss when the market give us some profit and ****ually increase if the market going to correct direction but due to bad situation market again goes to against us so trialling stop is good.

[poncoez]

I love to have such trades in my account. But still I am in the process of learning however I have gone through the basic working of it but still I have to practice in the live market situations and see what happens.

[sofeenevu]

I thing stop loss with trailing stop is not suitable for newbies. Because using the feature of trailing loss along with stop loss need some good amounts of capital and also need the experiences that how to use this

[subhan4]

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........

[debashish66]

trailing stop is very useful if we're in a state of floating profit target but we're not yet been reached so as to save the profit that we should have obtained the key by using a trailing stop.yes trailing stop is a good way to maximise the profit. 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

[yaminpsm]

yes trailing stop is a good way to maximise the profit. 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

However, you must understand that Forex is a global facility and that you would need to exert a maximum effort if you were to attempt to track just a few currency pairs constantly. The three session system enables you to solve such a problem by fundamentally dividing the trading day into sections that you can more easily handle