I don’t need to use this tool on my trading strategy since I only need the Stop Loss & Take Profit tool in my trading system! But only when I get a super trendy market situation only then I use, trailing stop!
You should use both of them at times depending on the market condition. The market doesn’t offer same condition all the time. But use stop loss all the time with your trades.
Personally, I dig the classic stop loss, dude. It's simple and straightforward. I set a specific price where I'm willing to bail out if things go south
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