No
Yes
Trailing Stops recommended for traders who are trading with long term or/and with no TP
Yes, of course.
no, because i always scalping
I used Trailing Stop in short term only..
for long term or at busy time use TP profit
It depends on strategy. Regards.
You need much more sophisticated programming languages, to perform much better then a human brain while standing the unneeded stress of trading.
I use trailing stop only, NO Take Profit
I don't like the curve that a trailing stop will follow. I used parabolic SAR as an exit strategy for indicator based trading. For Support / Resist trading I use a grid and a flat take profit. For weekend trading, I set an expiration time and then set TP=SL and call it a coin toss after the expiration time.
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