is there such a thing as a stop loss or...
Oct 23, 2015 at 16:19
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5 Replies
Member Since Sep 21, 2015
6 posts
Oct 23, 2015 at 16:19
or trailing stop ea that works?...the time i have to trade and the strategy i use would benefit from a auto stop loss that applies automatically to all my trades.
i thought i had one that works lol, however i lost a lot of money while i was away from my pc, i'm new to this but i would bet thats a familiar story to veteran traders...
Steve
i thought i had one that works lol, however i lost a lot of money while i was away from my pc, i'm new to this but i would bet thats a familiar story to veteran traders...
Steve
Oct 23, 2015 at 22:04
stevtheangle, there is not many EA's that take into the very important consideration of protection the whole trading account. RMM Robot is one of the robots that is totally dedicated to this task of protecting the account, regardless on how many positions that is opened at the same time. More info can be had by searching Google on RMM Robot 2.5 or just RMM Robot.
" Lock in the profit and minimize the draw down "
Member Since Sep 21, 2015
6 posts
Oct 24, 2015 at 09:10
hi savantfx,
thank you, i'll look it up.
thank you, i'll look it up.
Member Since Sep 21, 2015
6 posts
Oct 24, 2015 at 09:11
hi kricka,
thanks for that, i'll look it up.
i should have mentioned previously that i use mt4.
steve
thanks for that, i'll look it up.
i should have mentioned previously that i use mt4.
steve
Member Since Nov 01, 2011
41 posts
Oct 26, 2015 at 22:20
There is a trade management program I use called FX Synergy. Interfaces with Mt4 to automate a lot of mundane stuff. I only use about 10% of what it can do but love it.
Member Since Aug 27, 2017
994 posts
Nov 28, 2017 at 15:51
stevtheangle posted:
or trailing stop ea that works?...the time i have to trade and the strategy i use would benefit from a auto stop loss that applies automatically to all my trades.
i thought i had one that works lol, however i lost a lot of money while i was away from my pc, i'm new to this but i would bet thats a familiar story to veteran traders...
Steve
Then please use stop loss and take profit both in your trading! Stop loss is the best tool to avoid any unrealistic lose.
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