- Trailing Stop : Does it work for you?
- How long have you been using the Same EA and its still Profitable
- What's your exits?
It seems break even and trailing stop doesn't seem to work so good.
doshur:
It seems break even and trailing stop doesn't seem to work so good.
But it does protect/preserve the capital, if it doesn't help in making profits.
It seems break even and trailing stop doesn't seem to work so good.
only work on 9-11.5 month
kelly:
only work on 9-11.5 month
?
only work on 9-11.5 month
Shunmas:
But it does protect/preserve the capital, if it doesn't help in making profits.
so statistically it should prove whether it maximize the profit or not right
But it does protect/preserve the capital, if it doesn't help in making profits.
doshur:
so statistically it should prove whether it maximize the profit or not right
so statistically it should prove whether it maximize the profit or not right
You are just protecting the spread. If you TP is 100 pips, and the trade is in 70 pips profit, of course, if you simply put a breakeven stop (which would be entry price + spread), then if the price comes back and hit breakeven stop, the trade is almost wasted and closed at 0.00
So how it would maximise the profit. It simply preserves the capital. :)
oddpip:
BreakEven move the StopLoss closer to the current price and thus increases the probability of the StopLoss being hit.
You need to maintain a minimum distance from the StopLoss and the check the direction of the price before move it.
The question is not if it works, but how you use it.
True talk my friend
BreakEven move the StopLoss closer to the current price and thus increases the probability of the StopLoss being hit.
You need to maintain a minimum distance from the StopLoss and the check the direction of the price before move it.
The question is not if it works, but how you use it.
kelly:
only work on 9-11.5 month
Interesting... Would like more details
only work on 9-11.5 month
You're pretty much closing the gap to let your trade/ profits run I would think. If you move your stop up, then chances are your trade with be closed out and you just gave away free commission to your broker. Compare this to actually using a stop loss, the greater leeway will give trades room to fluctuate and find a direction for it to move. If it moves against you, trade will be closed. If it moves in your favor, it beats re-entering a break even trade.
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