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

    1. #111
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      trailing stop loss is better than using stop loss itself and i prefer to use it, this is very powerful and useful to keep and lock the profit and also we can manage the balance with very good, feel confident as the effect from it will build a good spirit and discipline..

    2. #112
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      depent on your stratety for use the strailing stop, if you just want to take profit under 40 pips dont use strailing stop, but if you want "dancing profit continusly" use it very good. because will lock your profit depent point you want.

    3. #113
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      Quote Originally Posted by RASTA View Post
      I prefer to close my trade when a trade is in profit so I can enjoy my withdrawal from the need to use a trailing stop to continue to see my transaction is still open

      I guess it's also nice once we get the profit we close, to avoid any small loss is better, no matter how small the profit that we get still, it is the profit the more we collect, the more profit in the can, and no matter how small it still loses it is a loss..

    4. #114
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      I think the trailing stop is used to secure a profit, so it would not hurt if you try it, at least by using a trailing stop and you will avoid a huge loss though sometimes also will provide a small amount of profit

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      Quote Originally Posted by cah nggunung View Post
      depent on your stratety for use the strailing stop, if you just want to take profit under 40 pips dont use strailing stop, but if you want "dancing profit continusly" use it very good. because will lock your profit depent point you want.
      Right, it depends on what particular strategy you are using, we just dont use trailing stop without proper understanding of its purpose, in forex a solid exit and entry strategy is very important.

    6. #116
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      I rarely use the trailing stop and could be said to be difficult for me to use it. But, I also use it if there is a sense of price could go far.

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      NO i will not suggest you to use trailing stop loss as i have experienced of my own and my friends they all are loosing in trailing stop loss.

    8. #118
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      ya it is always usefull to use use stop loss as it prevent your account from margin call so use it...

    9. #119
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      sometimes there will be advantage and sometimes there will be disadvantage i.e sometimes the price may hit our sl and again move in profit but we cant tell waht happen so you have to decide yourself

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      It is good that a forex currency trader tries their best in order to use trailing stop loss, but it should be known that this trailing stop loss is supposed to be used at a particular well calculated time.

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