Forex Strategies How To Use Trailing Stops | Forex
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Using trailing stops is one of the most important Forex strategies every trader must use. Keeping losses small is one of the Forex strategies that needs to be a vital part of every Forex trader's methodology. Get My Favorite Trade Setup Here: https://mmentors.leadpages.co/youtubeorganic-forex/
Comments
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can you please make a video how to apply the trailing stop I really appreciate it if you can do that
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I liked your thinking of why you don't subscribe to using ATR stops.
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The reasoning behind the stop position is very important, great explanation would like more on trade exits and other stops, thanks Tony
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since i have started trading now 4 years, you are the first who have's similar theory than me. Even if i don't use the same indicator, we have a lot of same concept. (y)
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What I like about Barry courses and videos is the easy way complicated matter is presented. Very well presented
Thanks Barry, -
Nice video !
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Love your small Stops.So important for losses to be small.Do you use EMA crossings to trade?
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What is that oscillator at the bottom of the chart, stochastic ? Also it seems like a trailing stop is really only good for very powerful and run away markets because in most trades when you get stopped out by your trailing stop you have a small profit compared to if you would have had a limit order for a profit instead. In other words it seems a target profit will be more profitable in the long term over waiting to get stopped out by a trailing stop.I think the best way is to move your stop loss a little above break even on your trade when your trade moves about half way to your target profit,so if your target profit is not hit at least you will have a small profit instead of a loss or no profit.