Are you use trailingstop on your trades? - page 2

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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 

 
Trailing Stop is a very useful tool of course, but its effectiveness depend on what strategy you are using in what market type ;)
 
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.
 
Mohammad Soubra:
Trailing Stops recommended for traders who are trading with long term or/and with no TP
Correct. 
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