How Best to Use a Trailing Stop? πŸ’Ž


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βœ… Different ways to use a trailing stop. http://www.financial-spread-betting.com/course/trailing-stops-limit-order.html
βœ… Check Mark’s Premium Course: https://price-action-trading.teachable.com/
βœ… Please like, subscribe & comment if you enjoyed – it helps a lot!

Different ways to use a trailing stop. Some of this can be automated while some can be manual… A trailing stop helps you to not give back too much of your gain back to the market. If you use a limit order and the market is approaching that limit price but still not touching it; all of a sudden your risk/reward ratio is inversed. You might have an additional reward of 1 but the risk is multiple times. So how best to use a trailing stop? The important thing to do is this; when the market is approaching your target, you want to be moving your stop right up to protect your profits.

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