Want to ride the trend? Use Railing Stop

If you want to hold profits to the cycle peak without constantly fearing losing the earned profit then the Trailing Stop technique is the ultimate weapon every professional trader must equip

🔹 Instead of setting a fixed take profit point and regretfully watching the price continue to fly move your Stoploss point, moving up with the price trend every time the market establishes a new bottom structure level higher than the old bottom

🔸 This way helps you lock in the profits you have already made in your safe pocket like a one-way valve. At the same time, allow the trading order to continue running indefinitely to make the most of the extreme excitement of the market

🔹 However, the art lies in the distance of moving the order, do not move the Stoploss too close to the current price because you will easily be swept out of the market, in natural corrections, let the price have space to breathe

🔸 A golden rule to avoid being shaken out early is to only exit the order when the real bullish structure is broken that is, when the price closes decisively below the important moving average or the nearest guiding bottom

Do you have a habit of trailing Stoploss to grow profits or usually take all profit at once fearing loss?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.