Online Forex Trading Course

#369: Should You Use a Trailing Stop Loss?

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Synopsis

Should You Use a Trailing Stop Loss?  Podcast: #369: Should You Use a Trailing Stop Loss? In this video: 00:26 – How to manage trades? 01:08 – Don’t move your stop loss to breakeven 01:50 – Disadvantages of a trailing stop 03:17 – Where do I place a stop loss? 04:05 – How I manage a stop loss 06:15 – Try to avoid moving to breakeven and avoid trailing stops 06:40 – Email me if you have any questions about trading the Forex market Should you trail your stop, or should you move your stop to break even, or should you do something completely different? Let's talk about that and more, right now. Hey Forex traders, it's Andrew Mitchem here at The Forex Trading Coach, with video and podcast number 369. How to manage trades? Now, I quite often get emails asking me about how I manage trades, and I've had an email come through just today, and it's from someone who's saying "Hey Andrew, can you tell me the best way to trail a stop?" and they basically said they want to use trailing stops, and how should the