Newbie question : Trailling Stop

Quoting amenlo9

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Hi everybody. I still don't quite understand how to using trailing stop to lock our profit when i am in +pips.anybody can show me an example with calculation?i am abit confuse here.

Example : Current E/U = Entry at 1.3000, TP=1.3050, SL=1.2950 .
A. Trailling stop =15 points

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Quoting u_atatunc

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if price goes 1.3049 and turn down you would miss your 49 pips profit. 15 pips ts trails price when you are in profit. i mean, if price turns down -15 ts saves your 1.3049-15=1.3034 (34 pips).. but some brokers use ts to change stop loss level.. they change your stoploss level vhen price goes up, stop loss goes up 15 pips.. try fxsol and fxdd...

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Quoting parlenk

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so if we see here, it a long action with 50 pips tp and sl and also with a 15 ts.the ts it self will not activated unless the price move 15 pips.once it reach 15 on your side trade, let say already move 16 pips, so the sl will change 1 pips to 1.2951.and if the price move 30 pips then the sl move for 15 pips ( move price - ts point means, 30-15 equal to 15 pips.) that what happen when the trade on your side until it reach your tp point.so now if let say the price move only just 30 pips on your side and your sl already change to 1.2965 (this come from your sl + (move price - ts)=1.2950+15=1.2965, and then the price move against u, the sl will not move again.it will until the price it self hit your sl (now it's become 1.2965).the other case, if after 30 pips on your side,then the price turn but not reach your sl,and the price turn again to your side, the sl will follow behind the price until it reach your tp.errr..i dont know if you understand it.i hope so.this is the answer i knew.

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