Question -

Can anyone give me idea about trailing stops ?

12 Views
7 Answers
Charles Farley
Answered 2 years, 2 months ago
<p>There is no “best” way, it’s always a set of trade offs. One way is to trail at the low of the last 2 or 3 candles at whatever time frame you are trading. Another way is to trail at the parabolic stop and reverse level. Incremental exits work quite well: take 1/3rd profit at a set percentage level (say, 3% profit). Then use parabolic SAR and a 3 candle trailing stop for each of the remaining 1/3. Usually, the parabolic SAR will trigger first, and the 3 candle trail may give you a big runner.</p>
1 View
Leona Howell
Answered 1 month, 1 week ago
<p id="isPasted">A trailing stop is a dynamic stop-loss order that automatically adjusts as the market price moves in your favour, helping to lock in profits while limiting potential losses. Unlike a standard stop-loss, which remains fixed at a specific price, a trailing stop moves with the trade and only stays put or triggers when the market reverses against you.&nbsp;</p><p><strong>How It Works</strong></p><p>The "Trail": You set a distance (e.g., 20 pips or 5%) from the current price.</p><ul><li>Following the Trend: If the price moves in your favor, the stop-loss moves with it, maintaining that set distance.</li><li>The Reversal: If the price …</li></ul>
About •
Contact Us •
Privacy •
Terms •
Help