Trailing Stop Loss – Another Perspective
to Trade Exits
Trailing stop loss is a new perspective in forex trade exits.
A stop loss can be
called an order to sell off a security once its price gets to a particular level, and
it is usually placed with a...
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Trailing Stop Loss – Another Perspective
to Trade Exits
Trailing stop loss is a new perspective in forex trade exits.
A stop loss can be
called an order to sell off a security once its price gets to a particular level, and
it is usually placed with a broker.
Also called a stop market order or, simply,
stop order, stop loss is used to restrict the amount of loss that accrues to an
investor.
Trailing stop loss, in its own case, works in a more intricate manner.
Based on the prevailing market conditions, trailing stop loss are shifted
automatically as preset by the trader.
However, the focus by most traders on
the entry strategies causes them to abandon using any trailing stop loss for
their trades.
ForexTradingWithoutaTrailingStopLoss
Some traders sometimes do have the wrong belief that they are smart enough
to trade without a stop loss.
In the end, they would need nobody to tell them
that they had taken the wrong steps in their trading decisions; the trade result
would do the tal
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