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Combination stop loss and trailing stop

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Stop loss and trailing stop are part of management risk, their use is very important.

Stop loss is a limit of increasing losses.
This trailing stop is very useful for traders to secure positions while floating plus. basically this trailing stop is useful for locking in the profits that have been obtained and continuing the trading position in profit.

When is the right time to use stop losses and trailing stops?

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#1 - November 17, 2020, 03:41:11 PM

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it seems that the combination of the two will produce a safe and steady strategy, it's just that it's not easy to combine the two and it takes a long research to get the right formula.
#2 - November 18, 2020, 06:37:52 AM

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actually the trailing stop itself already has a stop loss feature that can be shifted and adjusted automatically according to the direction of the price movement, so this trailing stop is quite effective and maintains psychology.
#3 - November 18, 2020, 05:13:02 PM

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The trailing stop is a dynamic stop loss so that the target profit and stop loss can be optimized and the greater the profit we get, so the trailing stop is considered very good.
#4 - November 18, 2020, 06:12:27 PM

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Using an adjusted stop loss if the trading situation is already flating +, the stop loss will be moved above the opening price and becomes a trailing stop.
It is better to always apply both of them when trading, a good function and helps to make trading smoother and better.
#5 - November 19, 2020, 02:09:00 AM

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If the stop loss and trailling stop are combined, it will produce better accuracy than just stop loss, the trailing stop is a good feature but is rarely used by traders.
#6 - November 19, 2020, 12:08:09 PM

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trailing stop is used for stop loss strategy and profit target at the same time so trailing stop includes both and automatically depends on our settings.
#7 - November 19, 2020, 03:27:27 PM

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Trailing stop and stop loss are different when placing only the time, stop loss if the position is still good and usually still below the open price. if the trailing stop is placed when the market price has exceeded the entry point, then you can place a trailing stop.
#8 - November 20, 2020, 07:30:38 AM

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Maybe there are still many beginner traders who still don't understand these two risk management systems, they are similar but not the same.
It must be studied more because the combination of risk management is very useful both to reduce risk and maximize risk.
#9 - November 25, 2020, 03:35:46 AM

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If the trailing stop is implemented properly, then in my opinion there is no need to apply a stop loss because it is automatic and the trailing stop often makes the profit we get more optimal.
#10 - November 26, 2020, 02:59:39 AM

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the right time to use a stop loss is when you have a long term style and the time to use a trailing stop is when you want to get optimal profit.
#11 - November 26, 2020, 11:10:09 AM

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the right time to use a stop loss is when you have a long term style and the time to use a trailing stop is when you want to get optimal profit.
The trailing stop is indeed suitable for use when the market is trending because besides the smaller stop loss it will also make our target grow to infinity as long as the trend continues.
#12 - November 26, 2020, 03:05:22 PM

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If you use risk management, especially stop losses, you must also apply trailing stops, this combination of risk management can make trading safer from big losses and losing the profits you already have.
#13 - November 29, 2020, 08:28:00 AM

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trailing stop itself is a combination of stop loss and profit target which is still more dynamic and automatic than the stop loss and profit target set manually.
#14 - December 02, 2020, 05:21:57 PM

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I often use trailing stop to maximize profit in trading, but trailing stop is already set for stop loss as well as target profit, we just need to fill it in the column.
#15 - December 02, 2020, 05:52:21 PM

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