Are you use trailingstop on your trades?

Alessandro Finetti 2016.11.15 21:55 #11

Hello!

I like to use a pretty big take profit, in the order of weeks time needed to reach, and then follow the price movement with a traling stop system.

I feel pretty safe, I won't lose too much, but if for some reason there is a high spike, or a crash, I'm safe, one way or another [cit.]

Good bye!

Alessandro

Here's the new "Goblin" ilan 1.6 Dynamic error 130 (invalid stops)

Carmine Pinto 2016.11.15 22:17 #12

Trailing Stop is a very useful tool of course, but its effectiveness depend on what strategy you are using in what market type ;)

Michael Maggi 2016.11.16 10:12 #13

Usually yes, but I use a separate EA called TrailingStop 4 available in Market to do it. It has a variety of trailing stop methods that are custom set for each chart.

TrailingStop checking with my Coding help AUDUSD Technical Analysis 15.09

[Deleted] 2016.12.07 03:32 #14

Mohammad Soubra:
Trailing Stops recommended for traders who are trading with long term or/and with no TP

Correct.

Are you use trailingstop on your trades? - page 2