How a Trailing Stop Loss Helps Maximise Profit
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Video Source: www.youtube.com/watch?v=rTifCUg2_fs
In this video, I’m going to explain how a trailing stop loss can help maximise trading profit. I'll tell you exactly how to set a trailing stop, and I’ll show you examples of how it all works. By the end of the video, you’ll be ready to put your own trailing stop strategy into action. • So what is a trailing stop? Well quite simply, it’s an exit level that that automatically adjusts as the price of a stock rises. The aim of the strategy is to help maximise profits by letting your best trades run. The trailing stop essentially guides you from the start of a trade to the finish. • 00:00 Intro • 00:40 What is a trailing stop loss? • 01:05 An example of how to maximise trading profit • 02:09 The key to a trailing stop is decide how much you let it trail • 02:46 How to get your stop to trail • 04:18 Setting a trailing stop to maximise profit in medium term trend trading • π SUBSCRIBE TO MOTION TRADER'S YOUTUBE CHANNEL NOW FOR MORE FREE TIPS AND SECRETS π • https://bit.ly/MotionTraderYTS • If you want a no b.s. approach to trading shares, investing in the stock market, and managing your share portfolio, then learn from Jason McIntosh at Motion Trader. It could change the way you invest forever. • β ββ Follow Motion Trader Onlineβ ββ • Motion Trader Website: https://www.motiontrader.com.au/ • Facebook: / motiontrader • Linkedin: / jasonemcintosh • #trailingstoploss #maximisetradingprofit #MotionTrader #ASXstocks • GENERAL ADVICE WARNING • The material on this YouTube channel is general in nature. It does not constitute personal investment advice or personal trading advice. Any advice provided is general advice only and does not take into account an individual’s risk profile or financial situation. Trading involves the risk of loss as well as the potential of profit. You should seek independent financial advice in deciding if trading is appropriate for you. Please also consider the appropriateness of the advice in light of your own objectives, financial situation or needs. As always, past performance is not indicative of future performance. Please see Financial Services Guide below. Jason McIntosh is an Authorised Representative (AR No. 1274211) and Motion Trader Pty Ltd is a Corporate Authorised Representative (CAR No. 1274210) of Shartru Wealth Management Pty Ltd ABN 46 158 536 871, AFSL 422409. • This video is about • • How a Trailing Stop Loss Helps Maximi... • • How a Trailing Stop Loss Helps Maximi...
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