How do you calculate a trailing stop?

Question

I'm new to trading and would like to determine the best way to calculate trailing stops. I am a short term trader (1-4 days in the trade).

Thank you!

Answer 1

Trailing stops should be put just under the last significant dip. That is difficult to program automatically, so in practice one could use an alert corresponding to an x period low, where x depends on your time scale.
If one trades swings like you do, you use the graph on your screen to determine the dips. To enforce discipline *write* down the stops and stick to them, even if you use only mental stops.

Answer 2

In binary options you will have the possibility to predict the movement of various assets such as stocks, currency pairs, commodities and indices. Learn how you can make money trading binary options https://tr.im/ncibW
An option has only two outcomes (hence the name “binary” options). This is because the value of an asset can only go up or down during a given time frame. Your task will be to predict if the value of an asset with either go up or down during a certain amount of time.

Answer 3

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 4

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