Trailing stop

First, it is important to know that a fixed trailing stopis 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 successfully use trailing stop and face no technical problems like dealing desk, reqoutes and slippage.

Various risk management tools are designed and widely adopted by foreign currency exchange traders today. And one of them is trail stop- it is nothing but a stop loss order that allows the pending orders to move according to price movements: if market moves positively profit can also run. However; if the market moves in the negative way; losses will be kept lower as possible according to trail stop. But effectiveness of trail stop is dependent on timely trade executions and my broker AAFX is always ensuring me fastest and timely trade executions all the time.