Trailing Stop Loss

[Unreal]

Has anyone had any negative effects by using a trailing stop loss? I understand this is used by the majority of professional traders to maximize profits. Also, do most top brokers allow these have them?

 

[Jason101]

If your statement is true I would imagine the stops would be manually managed rather than automated to a fixed number/ATR derivative.

 

[the hare]

If you'd spent 2 minutes testing the answer would be obvious.

 

[brettus]

Has anyone had any negative effects by using a trailing stop loss? I understand this is used by the majority of professional traders to maximize profits. Also, do most top brokers allow these have them?

I think they are useful in intraday trading. You should test pivoting in and out of the position as well. If you get stopped out on your trailing stop get back into the position if the market starts heading back in your direction again.

 

[Black Swan]

Has anyone had any negative effects by using a trailing stop loss? I understand this is used by the majority of professional traders to maximize profits. Also, do most top brokers allow these have them?

dynamic or fixed?

 

[TheBramble]

Has anyone had any negative effects by using a trailing stop loss? I understand this is used by the majority of professional traders to maximize profits. Also, do most top brokers allow these have them?

What technical basis is there for using a trailing stop?

Just to correct your statement regarding pros using them - they don't.

 

[Black Swan]

What technical basis is there for using a trailing stop?

Just to correct your statement regarding pros using them - they don't.

with HFT/algos?

 

[Michael8667]

I'd have a wild guess and say that the big $ HFT and algo systems probably have technical exit points not defined by ticks or $ but price levels.

 

[TheBramble]

with HFT/algos?

LOL

Do you understand what HFT is?

 

[Black Swan]

LOL

Do you understand what HFT is?

of course..