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    How to use trail stop

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    Eric Weller

    Posts : 308
    Join date : 2017-05-02

    How to use trail stop

    Post  Eric Weller on Tue Feb 27, 2018 2:59 pm

    Stop loss is a pending order that signifies an entry price on a currency pair and it is the minimum price that a trader wants to maintain for minimizing his currency exchange risk. Trail stop is a stop loss but it is allowing price fluctuations so that trading profit can be maximum while risk or loss can be minimum. For the effectiveness of trail stop it is necessary to get re-quote and slippage free trade executions from the broker and I am getting that facility from my broker AAFX.

      Current date/time is Wed Aug 15, 2018 3:05 am