The feature Trailing Stop Loss that the investors have waited for a long time is now officially released on the IQ Option. What is Trailing Stop Loss? Why is it so preferred? How to use the Trailing Stop Loss feature? Let’s learn about this extremely interesting feature with IQ Option India!
HOT: Trailing Stop Loss Now Available On IQ Option
As you know, with the Stop-Loss feature of the previous IQ Option, the transaction will automatically close when the price reaches a certain level of pre-set. Then you can limit your potential profits, as well as limit losses at a certain level so that trading accounts will not “slip” out of control. Stop-Loss is one of the most important features that help investors limit and control risk in a better way.
As the upgrade and expansion feature of Stop-Loss, Trailing Stop Loss feature is constantly trading at a fixed price, which will stop when the profit reaches a certain % of the opening price. For example, if you set the When Loss is = -95%, the transaction will take place as follows:
When the price goes in the positive direction and you are making profits, the Trailing Stop Loss feature will automatically raise your stop-loss level according to the moving trend of the price so the transaction will not close but to make the most of the price trend and bring you a higher profit.
If the price goes against the trend you predicted and has a negative direction, the stop-loss level which you had set will remain the same, and when you lose up to 95% of the amount you have, the Trailing Stop Loss order will automatically close your transaction to secure your trading balance.
The Trailing Stop Loss feature can limit the disadvantages of Stop-loss, allows you to keep track of your trading risk without limiting your ability to make a profit when the trend moves in a positive direction. Wish you more successful with the Trailing Stop Loss feature of IQ Option.