Page 19 - TakePropips Trading Management Solutions

Trailing Stop Management

The Trailing Stop feature is used to minimize your risk by reducing the size of your stop loss as the price
gets closer to your target profit. You can enable/disable this feature for every pair on the Trading
Management dashboard.

You are able to toggle the trailing stop feature on both auto and manual trades. E.g., If you do not want
to use trailing stop when you create manual orders but you want this feature on auto-trades, then you
can set the Manual Trades to OFF and Auto-Trades to ON.

If you wish to disable trailing stop on both auto and manual trades, then you can just click the OFF
switch under Trailing Stop Status.
For more information regarding the settings for trailing stops, please refer to this section.

To open the Trailing Stop Management panel, you can click the ON/OFF button for each pair under the
column “Trail Stop” on the main dashboard.

If you wish to toggle trailing stop on all pairs on the dashboard at once, then you can click the Toggle All
button below the Column “Trail Stop” on the main dashboard and then click Enable All button. You can
also disable trailing stop using this feature.

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