Stop loss or Stopping the loss

I used to set a really small balance and try to play multiplier :stuck_out_tongue:

2 Likes

Did this on my real money account. Deposit of €50… Over 600% profit at the moment :slight_smile:

3 Likes

have considered doing so on real, but currently going to over-deposit to my ISA this month thanks to pies. so perhaps next month xD

1 Like

Maybe I’ll just take chance instead of creating new topic. Can someone explain how to properly set trailing stop? Is the distance I’m setting from price i put my order or from a current price and how it work at all? If someone could give some example of order would be great

Distance is from the current price. So if you got in at 100 and the price is 150 at this moment and you set a TS at 25 distance, you TS will be at 125.

When you get stopped out at 125, you have 25 profit. If price goes up to 200, your TS goes to 175, so in that case your secured profit is 75.

1 Like

Thank you, more clear for now

1 Like

Hope this helps :slight_smile:

2 Likes

It is really helpful and simple to understand, thanks

1 Like