what is tralling stop?
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    what is tralling stop?

    Hi all, I am new in forex.i wanted to know
    what is tralling stop?

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    the trail stop loss is very important in the forex business,it is like the stop loss. we will lock in profits every movement of the market, the use of at least 15 pip trailing stop. is well suited to use when the computer is left behind. if you want to know how it works then better still you can use it on a demo account, so that you can understand how it works better.

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    This trailing stops are sets to monitor the stop loss that you put as your exits in the market, if the profits has gone long, the trailing stop is the one that will be setting and adjusting the level so that it will not come below the trailing point that you have set in the market. But this requires active VPS to function perfectly.

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    Useful trailing stop to lock in profits that we get from forex trading. So trailing stop order works only when we have a profit, and the trailing stop will stop when the market begins to move in the opposite direction with our order and trailing stop touch point that we have previously made.

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    Trailing stop is an order placed to safeguard your entry or profit,trailing stop can be a very good use to a trader who wants to reduces his risk exposure.trail stop is available in all trading platform, just right click on your open order and you'll see the option to trail your order.

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    Trialling stop is used for increasing the profit level and reducing the risk but it must be used wisely and according to rules and plans every time. It will helps us in trade but not in every trade. I also used trialling stop but for some trades, not for every trade.

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    Trailing stop is a very important part of Forex trading.It is just like stop loss,it locks the profit that we earned from the Forex trading business.Trailing stop is a safeguard for our every entry,it reduces risk in this business.It monitors the stop loss,and will help you to earn a huge amount of profit.Trailing stop is available at all platform and very useful for any trader.

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    Trailing Stop is a important part of Forex Trading.It monitor the business profit & loss in trading.every platform its measure the risk and profitability.if u plan accordingly it can can reduce business risk.

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    Suppose you create a position of EURUSD at 1.3600 for a target of 1.3700.
    and now the current market price is 1.3640, some traders do book profit at the level, and some hold with more expectation as target price is far above current price,
    their is chance of go up and down also, so for saving at least some profits some traders increase their stop loss level to 1.3620 or other level below 1.3640 so that if market goes above they can earn more and if market fall then at least they will book some profit.

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    Quote Originally Posted by sohag sohan View Post
    the trail stop loss is very important in the forex business,it is like the stop loss. we will lock in profits every movement of the market, the use of at least 15 pip trailing stop. is well suited to use when the computer is left behind. if you want to know how it works then better still you can use it on a demo account, so that you can understand how it works better.
    I was also unknown about it earlier and came to know about elaborately. I think, trailing orders can become effective for long term trading where there will be big TP. But it needs massive practice on it before implementing it in the real trading.

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