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    Thread: Why mt4 platform don't have trailing stop for minimizing loss?

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      Default Why mt4 platform don't have trailing stop for minimizing loss?

      recently i found the necessity of trailing stops for negative positions. in mt4 platform we have trailing stops for positive position to secure our profits. bit i think we need trailing stops or losing positions for minimizing the loses to.

      today i oped a position and after while it goes -40 and looks like he price will go against my position so. an after some moment it came down to -20 pips and i thought if it is in breakeven il close it. but after 30 min i found it goes -80 pips and i have to close the position imitatively. then i realized if we have trailing stops for loss position then i can secure few pips from this type of condition. so what is ur opinion do we need this ts or not?


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      Golam Rabbani Hamidi (10-08-2012)

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      Actually, MT$ has trailing stop. Click with a right mouse button on the order (active one) in the terminal and choose from a menu.


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      Golam Rabbani Hamidi (10-08-2012)

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      Quote Originally Posted by apelcat     
      Actually, MT$ has trailing stop. Click with a right mouse button on the order (active one) in the terminal and choose from a menu.
      Thanks mate...useful information.


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      i also know that mt4 platform has trailing stop opinion. but it works only for positive positions not for negative positions. pls read the whole post carefully then we will realize that im searching for trailing stop which will works for negative positions to minimize the losses not for conventional stop loss option. so what is ur opinion abut this, do u feel any necessity of this or not?

      Quote Originally Posted by apelcat     
      Actually, MT$ has trailing stop. Click with a right mouse button on the order (active one) in the terminal and choose from a menu.


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      Quote Originally Posted by biouscope     
      i also know that mt4 platform has trailing stop opinion. but it works only for positive positions not for negative positions. pls read the whole post carefully then we will realize that im searching for trailing stop which will works for negative positions to minimize the losses not for conventional stop loss option. so what is ur opinion abut this, do u feel any necessity of this or not?
      I think its going with programmed, if you can modify or edit with that for negative position you can , but problem is that people dont want to close position with loss. yeah its a good idea , you can gogling for it


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      i think this is gode idea for minimuz ur lose but u can make it with expert advisor or script or any one help u to make it
      CARBON TUNER


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      I do not know whether you have a problem in your mt4 trading terminal. In my own, there is a Trailing SL that i can use anytime that i want to control my losses by locking my profits.


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      My question is why we need trailling stop for negative position in mt4
      platform?? I think with facilities SL we already can minimize our Loss
      and no need trailling stop for negative position.
      The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
      -George Soros-


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      Quote Originally Posted by zack_69     
      My question is why we need trailling stop for negative position in mt4
      platform?? I think with facilities SL we already can minimize our Loss
      and no need trailling stop for negative position.
      perhaps the TS using a martingale system, that require to change the SL for every level he entered, that way he can make the loss even lesser. cmiiw


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      Quote Originally Posted by biouscope     
      recently i found the necessity of trailing stops for negative positions. in mt4 platform we have trailing stops for positive position to secure our profits. bit i think we need trailing stops or losing positions for minimizing the loses to.

      today i oped a position and after while it goes -40 and looks like he price will go against my position so. an after some moment it came down to -20 pips and i thought if it is in breakeven il close it. but after 30 min i found it goes -80 pips and i have to close the position imitatively. then i realized if we have trailing stops for loss position then i can secure few pips from this type of condition. so what is ur opinion do we need this ts or not?
      I think MT4 platform already has the option stop loss and take profit! so there is nothing to worry about trading up for you today!
      thank you


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