What is a Trailing Stop? -
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thread: What is a Trailing Stop?

  1. #11
    quote I might be wrong but I thought that Saxo bank could provide this, it doesn't state on the website but might be worth asking
    Are you convinced Saxo bank provides this feature? I tried to start an account with SAXO but it seemed that the minimum amount needed to open account is 10K

  2. #12
    Senior Member Pepeqf1962's Avatar
    106
    Trailing Stop - a special function in the MetaTrader 4 by way of which the stop loss will proceed automatically, after the movement of prices in the plus side for you. With this you can quickly grab profit.

  3. #13
    Quite simply once the price goes up, it requires the tracking stop using it, but when the price stops moving up, the stop-loss price stays at the level it was dragged to. It helps to control your emotions throughout the trading process and offers some b alance protection .

  4. #14
    Trailing stops are very similar to stop reduction using a exception that it goes as the price goes - http://www.independentinvestor.com/s...trailing-stops
    Not everyone uses trailing stops as many usage ordinary stop loss. However, I find it useful if you would like to lock a profit out of your commerce and do not wish to overlook a potentially major swing.

  5. #15
    I'm interested at the stop method. I recently read that you can also use it in combination with volatility indiors as well as the ATR and even make a much better monitoring stop. Does anyone have experience with this?

  6. #16
    The way to Use a Trailing Stop Loss

    A trailing stop loss is utilized by stock and option traders to safeguard their profits or limit their losses. The trailing stop loss is placed in a predetermined percent that the trader chooses below the current market price. The benefit of this trailing stop loss over a normal stop loss is that the stop loss price changes in proportion to a rising stock price. If the stock price goes up, the trailing stop loss price also rises. If the stock price goes, the trailing stop loss price remains the same. Because of this, the trader can let his profits run and restrict his losses without needing to place new stop loss orders.

    http://www.ehow.com/how_2300100_use-...#ixzz1pVQS48ID http://www.ehow.com/how_2300100_use-...#ixzz1pVQS48ID

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