I am snooping about this because i once used FXCM trading rostrum before and i must set SL first before setting the TS. But in MT4, i can set mt TS without SL. Anyone know the reasons?
express you!
it is good the platform fascility.
When ts is set by distance it will sire two things one stop loss and other trailing distance.
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Trailing Stop works as follows. Let’s distinguish Trailing Stop as TS, Stop Impairment – SL. If the price goes up and profit elevation reaches the TS devastate, a new Stop Reduction value is set at the SL pips from the in circulation bonus. And it keeps on accepted on like this every next pip while the rate continues to go up. If the prize starts to go down, then the Stop Erosion value is not changed, outstanding established. This is the active principle of Trailing Stop.
...Assuming you're using MetaTrader (yes???): you na click on the positions 'S/L' column, a window will ajar, you variety the 'Stop Failure' value there and preserve it ('Concern' it I cogitate on is the way out i.e....
