Thread: Forex Optimum

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  1. #151
    I've never come across startegies that included trailing stop. Does it have a name? I'd like to look into it.

  2. #152
    There's no name and, actually, there's no startegy. I trade in the ususal way, I just set trailing stop.

  3. #153
    Not many people use trailing stop. At least, it's not often that somebody mentions it on the forums or in strategy descriptions.

  4. #154
    I don't like trailing stop, to be honest. Cause when it goes off, the corridor where the price can change rapidly becomes smaller. Sometimes the price can go back a bit and only after that it moves in the normal direction.

  5. #155
    Yes, it's true, it happens sometimes. But is also happens that the price goes to the take profit level and then turns around and breaks tha stop loss you've set.

  6. #156
    Everything depends on how precise your forecast is and how you set stops. If the gap is too small initially, then there's nothing to talk about)

  7. #157
    Btw, when I was teaching a couple of people to trade, I noticed something. I don't know why but newbies like to set really narrow stop loss and their trades are often closed because of it.

  8. #158
    They're afraid to lose money. I don't see any other explanation. When I started trading I also worried about any movement in the opposite direction.

  9. #159
    Maybe they are afraid but they just lose more. I've spent some time watching them trade. There were so many nice and profitable trades that failed because they hit the stop.

  10. #160
    I've read somewhere about this guy who set stops when scalping. He traded m1 and m15.

  11. #161
    I've been scalping a lot this month, btw) I had too much spare time so I gave it a go. That's what I accomplished.

  12. #162
    It looks quite nice. Why don't you trade like that all the time?

  13. #163
    Becuase of my job. I usually can't spend that much time on trading. Maybe I'll do it once again next month and that's it)

  14. #164
    And how many hours a day were you trading? And which time frames did you choose?

  15. #165
    You're interested in my regular style of trading or how I tried scalping?

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