Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Trailing Stop in Trading Management

Trailing Stop in Trading Management

Discussion started on Forex Education

Print
Pages: 1 ... 6 7 [8] 9   Go Down

Liner

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
when you use a trailing stop, you can continue to be careful because this use is like you are sure that your position has made a profit
#106 - March 26, 2022, 01:20:05 AM

Iqra

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 389
  • Reputation: +10/-5
Usually, the trailing stop is used when you have made a profit and can solve problems when the job wants to go back to the beginning and can be prevented by using a trailing stop.
#107 - March 29, 2022, 10:44:00 PM

Liner

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
the use of the wrong trailing stop will make you unable to use it in the right way so in this case you have to be smart about using the trailing stop
#108 - April 07, 2022, 07:23:18 AM

Torroco

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
The use of a trailing stop is used when you are already using floating plus and that is to help you so that the price does not come back again.
#109 - April 11, 2022, 01:32:18 AM

Willhemina

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
actually this usage is the same when you use a stop loss only the difference is there but this is used when you have already made a profit and to keep it from returning to the initial position
#110 - April 11, 2022, 04:33:24 AM

novales

  • Hero Member
  • Posts: 810
  • Points: 1332
  • Likes Received: 11
  • Reputation: +1/-2
This can be done when we get a big profit during market trending
#111 - May 22, 2022, 03:02:15 PM

Nick77

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Trailing stop will help us to maximize profit targets when trading in a long trend
#112 - June 01, 2022, 03:35:07 AM

Torroco

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
The use of trailing stops can be used properly as long as we can do it properly.
#113 - June 05, 2022, 02:16:29 AM

ZB

  • Hero Member
  • Posts: 1508
  • Points: 333
  • Likes Received: 174
  • Reputation: +20/-8
Quote from: Nick77 on June 01, 2022, 03:35:07 AM
Trailing stop will help us to maximize profit targets when trading in a long trend
Or we can use trailing stop when there is a big news so that it can also maximize our profit
#114 - June 05, 2022, 02:36:17 AM

Torroco

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
If possible, when you do or use a trailing stop, you should try not to get too close to your floating.
#115 - June 12, 2022, 02:24:42 AM

Nick77

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Quote from: ZB on June 05, 2022, 02:36:17 AM
Or we can use trailing stop when there is a big news so that it can also maximize our profit
I've seen the performance of trailing stop when the news in an EA and the results are very amazing
#116 - June 12, 2022, 03:18:08 AM

Willhemina

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
The use of trailing stops is usually used to limit profits usually so it doesn't hit take profit first
#117 - June 13, 2022, 05:14:46 AM

TravelJunkie

  • Jr. Member
  • Posts: 51
  • Points: 556
  • Likes Received: 0
  • Reputation: +0/-0
I personally will trail a stop once I can take a partial at a logical TP level. At this point since my TPs are based on structure I will largely feel confident that price has again formed structure to prevent my original SL from being reached short term. So I will raise to BE and then leave some on to play out risk free.
#118 - June 13, 2022, 11:33:57 AM

archivist89

  • Hero Member
  • Posts: 561
  • Points: 2247
  • Likes Received: 126
  • Reputation: +0/-5
Quote from: Willhemina on June 13, 2022, 05:14:46 AM
The use of trailing stops is usually used to limit profits usually so it doesn't hit take profit first
What makes it calm using trailing stop is that we can get maximum profit without fear of loss
#119 - June 13, 2022, 02:14:57 PM

Nick77

  • Hero Member
  • Posts: 3144
  • Points: 7493
  • Likes Received: 631
  • Reputation: +39/-36
Quote from: archivist89 on June 13, 2022, 02:14:57 PM
What makes it calm using trailing stop is that we can get maximum profit without fear of loss
That's right like a stop loss plus, but for me the use of trailing stop can be more profitable
#120 - June 15, 2022, 04:06:57 AM
Print
Pages: 1 ... 6 7 [8] 9   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. Trailing Stop in Trading Management

Members:

0 Members and 1 Guest are viewing this topic.


Trailing Stop in Trading Management in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:

Trailing Stop in Trading Management in Forex Education_stream_loading