Who is best ? stop loss or trailing stop
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Thread: Who is best ? stop loss or trailing stop

  1. #1
    Hi friends, Iam using james price action. If iam right all people who are currently using james method using stoploss. (Applying using hehehe I write and speak english in stupid manner ) I want to know
    (1)what's exact mean of monitoring stop?
    (2)stoploss and trailing stop. Who is amosg these?
    (3)when should we use it?
    (4 ) )should it would be 5-10 or more?
    (5)How can I improve my egy( sorry price action) with trailing stop?
    Please reply....
    Iam waiting....

    And I want to mention something. I thanksful to all members who post or discuss their experience. A very special thanks to james and FF forum starter.

  2. #2
    I don't use trailing stop-losses as such, I don't like the idea of being carried out of a position simply based on the number of pips have come off price's furthest point of travel, when the TA might still be profitable.

    However, I do progress my ceases when I pyramid on a winner. So if the stop that is first is -100, and that I pyramid at 100. The stop on the initial trade advances . At steps of 100 I continue to progress and pyramid stops after .



    (I think trailing stops are a feature of new trader training so that the new trader does not lose too quickly and go straight back to the trainer using a grievance. You will still lose out in the event that you use strict trailing stops, but at the time your account is worthless, the trainer can claim separation in time. Just how can it be his fault?)

  3. #3
    It is dependent upon your egy. Nobody can give you exact answer. Even there are many traders who don't use both of them. I use stop loss like I ca check the market. If you don't discover it by yourself you won't ever receive a fantastic response. Trading is a path and error method. You have to try to find out what suits you.

  4. #4
    Quote Originally Posted by ;
    It depends on your egy. Nobody can give answer to you. There are many traders who do not use either of them. I use stop loss as I ca check the market. You will never get a fantastic response, if you don't discover it. Trading is a path and error method. You need to attempt to find out what suits you.
    I really liked your strategy James; actually, in my trading I use moving average trading tool! It is working for me that; although I see, many of negative comments on this tool!

  5. #5
    Really?
    For me personally, this is not even a'egy' query...
    For me personally it's a matter of profit in the entire.
    I do not use trailing stop at all.and use stop loss quite infrequently. I could place a trailing stop in case I had enough of shutting a trade at the starting price.
    It is intriguing to hear here experienced traders with long-term trading expertise utilizing the trailing stop.
    Which are your results, guys? Quote me.

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