Trailing stop

Jul 07, 2020 at 07:19
631 Views
9 Replies
Member Since May 06, 2020   6 posts
Jul 07, 2020 at 07:19
How many of you use a trailing stop. Does it help to minimize risk
Member Since Jun 22, 2020   77 posts
Jul 10, 2020 at 07:20
I do use trailing stop and yes, it is an effective way to minimize the risk. It is not that strong because the price a which the sell order you filled can be ultimately lower than trigger price, so when there is price falling it can be a problem.
Member Since Jul 20, 2020   298 posts
Nov 02, 2020 at 01:57
Trailing stops are a very collaborative part of risk control. Using trailing stops can save you a lot of losses. Many people trade by following this strategy.
Member Since Aug 17, 2020   123 posts
Nov 02, 2020 at 12:16
Yes, trailing stops are quite useful.
Member Since Mar 16, 2021   477 posts
Oct 01, 2021 at 13:48
DoraWalletInvest posted:
Yes, trailing stops are quite useful.
Of course, you need to have that knowledge to use it.
Member Since Oct 02, 2021   1 posts
Oct 02, 2021 at 10:39
how much pips should be the distance from the price?
Member Since Mar 17, 2021   536 posts
Oct 03, 2021 at 05:14
LeviSievwright5 posted:
Trailing stops are a very collaborative part of risk control. Using trailing stops can save you a lot of losses. Many people trade by following this strategy.
Yes. It is very useful to reduce losses.
Member Since Sep 22, 2018   70 posts
Oct 12, 2021 at 19:09
Macyjones posted:
How many of you use a trailing stop. Does it help to minimize risk
Useful to avoid loosing trades
Member Since Jul 23, 2020   869 posts
Nov 10, 2021 at 11:07
A trailing stop is just like a regular stop order, except you can set it to move along with the market.
Member Since Jul 23, 2020   759 posts
Nov 10, 2021 at 18:17
Trailing stops are a great trading tool that allows you to not only protect yourself but to lock in more and more profit,
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