Price Action Trading – How to Use Trailing Stops
November 30, 2016
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Every trader should know when and how to using a trailing stop. It’s one of those fundamental trading techniques. Essentially, it’s a way to “lock in profit” when trading two or more contracts. When price meets a specific condition, you close out one of the contracts that has reached profit territory. This video is designed to answer common questions: what types of trades are compatible with trailing stops? What values should the trailing stop use? How do I go about placing these stops in my trading platform? Some strategies work better with trailing stops than others. For example, the Roadmap...