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Trailing stops and Stop limit

  • #1
  • First Post: Oct 18, 2006 6:25am Oct 18, 2006 6:25am
Do I have to set a stop limit with my trailing stop? Thanks.

F.Y.I. I'm using the Crown Forex Demo.
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  • #2
  • Oct 18, 2006 10:00am Oct 18, 2006 10:00am
Quoting Yoda_Glenn
Do I have to set a stop limit with my trailing stop? Thanks.

F.Y.I. I'm using the Crown Forex Demo.
That's not a mt4 dealer, is it?
But the answer is no (I'm assuming you're referring to stoploss here). Some platforms will not even allow you to have a stoploss once you set a trailing stop. The trailing stop will at first be your stoploss. Only when the price moves in your direction the trailing stop will follow (when the differential kicks in).
"The market will rally from this or lower levels"
  • #3
  • Last Post: Oct 18, 2006 11:37am Oct 18, 2006 11:37am
Quoting LightKeeper
That's not a mt4 dealer, is it?
Yes, it is.
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