how does a trailing stop work?

Discussion in 'Stock Market Investing' started by kerstin25, Oct 31, 2017.

  1. kerstin25

    kerstin25 New Member

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    Does trailing stop ring a bell to you? It is being used by many Forex traders. For those who are not aware of how does a trailing stop work, this definition might help. A trailing stop protects gains by enabling a trade to remain open and continue to profit as long as the price is moving in the right direction, but closing the trade if the price changes direction by a specified percentage.
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