Lock In Profits

This is a system of using a trailing stop order (i.e. a stop loss set to a few pips below {for long orders} or above {for short orders} for an active forex trade with unrealized profits such that the trailing stop follows the market price by the set number of pips if the trade moves in the trader’s favor, and locks the profit by staying stationary when the trade moves against the trader.

By |2018-09-04T14:35:59+00:00September 4th, 2018|0 Comments

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