Quick question regarding trailing stops
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Hi
I was wondering if I a trailing stop set at 15 pips, as then a trade moved into 15pips profit this would then set the stop loss to 0 pips. If then the profit moved up to 16pips, will the stop then change to +1pips stop loss, or would it have to move 30pips in profit before changing to +15pips stop loss?
Thanks
Antony