At first it is important to know that a fixed trailing stop is an advanced entry order designed to move a stop forward a specificed amount of pips after a position has moved in your favor. Traditionaly fixed trailing stops are used in conjuncture with a trending market strategy, to lock in profits on an extended move. With Trade12 I can fluently use trailing stop without facing any problem. Because I have the best trading platform which includes more than 250 technical tools and user friendly.
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Forex trailling stop
Eric Weller- Posts : 596
Join date : 2017-05-02
- Post n°2
Re: Forex trailling stop
Trailing stop is similar to traditional stop loss order, unless for the fact that a trader can enjoy this function with respect the changes or moves in the market. You don’t have to monitor the market constantly in case of frequently moving market, as your trailing stop will give you a desired profit that you are comfortable even if the market goes opposite to your favor suddenly. I am working with AAFX, an Australian broker and I never found any problem regarding executions of trailing stop.
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