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The pros and cons of using stop losses and trailing stops in trend following systems

By Forex Academy in 29 Jan 2024 | 12:36
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Hello and welcome to the Trend Following sub-category of the Trading Strategies forum on Forex Academy's website. In this topic, we will discuss the pros and cons of using stop losses and trailing stops in trend following systems. Stop losses and trailing stops are tools that can help traders manage their risk and lock in their profits, but they also have some drawbacks that need to be considered. Let's explore the advantages and disadvantages of these techniques and how they can affect your trading performance.

29 Jan 2024 | 12:36
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