This article was first published on Orbex Forex Trading Blog.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
Understanding the importance of stop losses, whether you are using them just for security or as an integral part of your strategy, there is still a debate among traders about whether fixed or moving stop losses are better – or, a combination of both.
The easy way out is to say, “it depends on your trading style,” but that doesn’t help answer the question of which one is better for you. The reality is, like most things that depend on circumstances, there are pros and cons to both. Some of those advantages and disadvantages are specific to a trading style, and some are generalized.
Some traders can get locked in the idea that because they’ve found the optimal trading mechanic for themselves, this is the optimal trading strategy, and can be a little overly defensive of it, or too strident in advocating for it. Let’s forget that for a moment.
What’s the difference between mov...
To keep reading this article, please navigate to: Orbex Forex Trading Blog.