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    Forex trailling stop


    Faf Plesis

    Posts : 384
    Join date : 2017-03-19

    Forex trailling stop

    Post  Faf Plesis on Mon Dec 18, 2017 2:17 pm

    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.

    Eric Weller

    Posts : 408
    Join date : 2017-05-02

    Re: Forex trailling stop

    Post  Eric Weller on Fri Dec 22, 2017 11:53 am

    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.

      Current date/time is Mon Oct 22, 2018 7:55 am