Is it good to use a trailing stop (Title edited by Baguwah)

[kazura]

The TRAILING STOP, which is a facility which allows you to protect your profits from losses by raising the stop-loss step by step automatically.

What do you think about it. Is it good or not to use it?

[rep]

STOP TRAINLING which is a facility which allows you to protect your profits from losses by raising the stop-lossnya step by step automatically.

how do you think, good or not using?

I think for me that you can use a trailing stop well if you can make a trade that has been above 10 pips profit, but if that's good then you think you can do trailing stop but I am better to close a position that already profit

[techboy]

Trailing the stop whether done automatically or manually is important in order to lock our profits, that what ever happens we are already assured of profits. I prefer manually trail stop than auto trails stop feature of MT4.

[akshay1728]

STOP TRAINLING which is a facility which allows you to protect your profits from losses by raising the stop-lossnya step by step automatically.

how do you think, good or not using?

yes mate trail stop is a good tool to tap profits, and its always advisable to use it when the market is trending and when you are not able to monitor the market to close manually. using it will give profits once trail stop crosses the buy or sell price

[deathstar]

Stop trailing has both good and bad benefits. Good is that it will raise our stop loss according to the price and bad thing is that it may close the trade too early as some trade will just go against as pullback and return to its original direction. For me trailing stop is a good thing but after a good move, the market begins to move against me, then I remove trailing stop and check for retracement and depending on that continue or close the trade.

[Ibrahim Nejm]

Yes, this is a very good I change the stoploss every 50 pips approximately
or I change it when the price is break support or resistance
in order to preserve part of profits, or protect myself from loss

[berich]

there is nothing wrong in using a trailing stop loss, as a matter of fact trailing stop loss will help you to say your profit and at the same time increase your profit. So my answer is it is good to use a trailing stop loss if the need be.

[bagus]

there is nothing wrong in using a trailing stop loss, as a matter of fact trailing stop loss will help you to say your profit and at the same time increase your profit. So my answer is it is good to use a trailing stop loss if the need be.

there is no harm at all you are using a trailing stop this because this is not part of the optimization of the profit that is already in use traulling get because after all this stop you have to get above 10 pips profit

[maryosa]

The TRAILING STOP, which is a facility which allows you to protect your profits from losses by raising the stop-loss step by step automatically.

What do you think about it. Is it good or not to use it?

The trailing stop is only good when you are taking long term trades targeting large profits as from 100 pips upwards. In this case, you intend to leave your pc on for the duration of the trade. If your pc goes off, then the trailing stop function is deactivated.

I would not use a trailing stop if my target is just 20 to 30 pips.

[Gadis Melayu]

The TRAILING STOP, which is a facility which allows you to protect your profits from losses by raising the stop-loss step by step automatically.

What do you think about it. Is it good or not to use it?

The trailing stop is an advantage to us to minimise the loss. I usually use trailing stop but not always. I usually on the trailing stop when my take profit is big , for example 100 pip. If the target is only about 20 pips, I only use normal stop loss.