Trailing stop is good to use or not?

[Paul Cruza]

Recently, I had experienced some unwanted loses using this trailing stop. So, i want to know whether anyone use trailing stop and is useful for you or not.
And also want to know about the dis advantages in trailing stop.

 

[jahan]

Recently, I had experienced some unwanted loses using this trailing stop. So, i want to know whether anyone use trailing stop and is useful for you or not.
And also want to know about the dis advantages in trailing stop.

hello,

its totally depends upon ur strategy of trading.

if u r directional trader then its good .... if u use in sideways market u get hurt.
and by the way no indicator in TA is good or Bad its u need to define how to use it so that u can get maximum out of it.

now u decide that....u r good for trading or not..means ur phsycology .

if u r good .....then analyse ur Trading strategy.

if u r trading startegy also good ....then analyse ur money management part...

if it is also good...then u will not post this thread/ur comment here.

regards,
jahan.

 

[Kungfu]

Trailing stop is good for your trading when you want to close trade at point which you don't know before.

 

[Paul Cruza]

hello,

its totally depends upon ur strategy of trading.

if u r directional trader then its good .... if u use in sideways market u get hurt.
and by the way no indicator in TA is good or Bad its u need to define how to use it so that u can get maximum out of it.

now u decide that....u r good for trading or not..means ur phsycology .

if u r good .....then analyse ur Trading strategy.

if u r trading startegy also good ....then analyse ur money management part...

if it is also good...then u will not post this thread/ur comment here.

regards,
jahan.

Thanks a lot . You seems a very experienced trader from your statement.
Which broker you usually trade?