How to set trailing stop loss?
The first: the system automatically moves the stop loss. This setup is simple. Right-click on the order and set a trailing stop. How many points to track each time, you set it yourself. Generally this kind of mechanical is difficult to guarantee profit.
The second: Manually move the stop loss. After each trend forms a low high or low point, manually adjust the stop loss to the low or high point, which can ensure the maximization of profits.
The third type: specializing in the outbreak of the market, the fixed stop loss moves a certain number of points. Generally, I am doing 20 points on the euro . Every time I move one point, the stop loss will always be kept at 20 points from the highest point or the lowest point. s position. This trailing stop is tiring. But the most guaranteed profit, and such a market is not easy to catch.