Risk management is an essential but often overlooked prerequisite to successful active trading. After all, a trader who has generated substantial profits over his or her lifetime can lose it all in just one or two bad trades if proper risk management isn't employed. I also use trailing stop to deduct risk level. Trade12 ensures high trading leverage like up to 1:400, narrow floating trading spread, tightest margin level, smart bridge technology, superior fast execution and lowest transaction cost and all these are conducive to me for minimizing risk level.
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Trail stop is a risk management process
Eric Weller- Posts : 596
Join date : 2017-05-02
Among various risk management techniques that are widely used by the retail individual trader, trail stop is an important tool. Trail stop is a stop loss order but allows a trader to go with price fluctuations so that profit can run when price actually moves in positive direction but loss can be minimized if price moves in negative direction. Thereby I feel that rail stop is better than stop loss. And my broker AAFX is providing me re-quote and slippage free timely and fastest trade executions which I actually require while trading with trail stop or any risk management technique.
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