What are Trailing Stops and How to Trade with Them? ☝️

● What are Trailing Stops and How to Trade with Them?
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[ukspreadbetting]

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[joycekanyangii]

Thank you so so much!
I've realised I can actually use a trailing stop even as a profitable take profit. Sometimes I close out at 50 pips then the trade goes to 238 pips or so!!!

[electricgeoduck]

Brilliant explanation, I have been trading now for at least around 1 month on a practise account and I had no clue how to use one of these. So far everything else I have learnt I have self taught myself. I think I can definitely say that this is favorite hobby !

[fglatzel]

Great Video! Thank you so much. Well explained and easy to follow.

[gunnarMyTube]

An alernative is to use the Trailing Stop value as noise filter but using the Trailing Step for that makes sense. Makes possibe to use a smaller Trailing Stop value.

[georgefieldsjr.]

THANK YOU So Much ! for your video Great Information and explanation...

[Skye]

Nice explanation.  I did not know how the trailing stop moved and you explained it very well.  Thanks

[maureencoley]

Hi, thanks for the explanation. I probably missed it but how do you take /set your partial profit? Have subscribed.

[TrascyJaac]

Hello. Thanks for your vid. I have a good understanding of how a trailing stop works and how it locks-in higher profits. From an FX point of view, I am still a little confused about a few things. 1) When starting a new trade, when does the trailing stop kick in? Is it when the trailing gap (say 40 pips) is first achieved? 2) Do you still use a normal TP with a trailing stop or do you simply stop using a TP in this situation? If you are using a trailing stop with a TP, which one takes precedence? 3) Finally, do you start a trade with a trailing stop or is it something you would add later once you have an idea of where the trade is going? Excuse my ignorance! Thank you.

[danielkwan]

I love this strategy. What trading platform is being used here to implement the Trailing Stop? Thanks!

[meb]

Hi pro trader I have a question do I use expert advisor for better trading?

[sultanabrar]

Bro what's the minimum pip to apply trailing stop???

[musandlovu]

Ordinary MT4 has no trailing stop loss.