Generally speaking, trailing stop in the market can also be called moving stop loss. Its main meaning is that investors should set a certain number of stop-loss points when tracking the latest market price, which means that the mechanism is mainly triggered when the position changes favorably. Generally speaking, as mentioned above, it is an instruction set by investors in the immediate profit-making stage. When the position becomes more and more profitable, trigger the price by raising the stop loss; Ensure that investors can still realize most of the book income when the market changes reversely;

The crocodile principle mainly means that when investors find that their transactions deviate from the market direction, they must stop immediately without delay. The main reasons for stop loss are: first, subjective decision-making mistakes; Second, the objective situation changes; Retail patents are mainly because institutions can't stop loss because there are too many chips. Generally speaking, no one can keep up. Stop loss is the patent of retail investors. Moving stop loss, which we usually call trailing stop or trailing stop loss, will set a stop loss at a certain point with the price change, and the moving stop loss will only move in the direction that is beneficial to our position.

The opening of trading software is the premise of moving stop loss. We must set the moving stop loss by order and send it to our own MT4 service. You can execute a moving stop loss without closing the software. After setting the trailing stop bit, we right-click on the transaction sheet, that is, the number of points to stop moving. If the setting is successful, the corresponding diaphragm color will change. Moving stop loss, which we usually call trailing stop or trailing stop loss, will set a stop loss at a certain point with the price change, and the moving stop loss will only move in the direction that is beneficial to our position.

At present, the quotations of many trading platforms are roughly divided into two types, one is four decimal places and the other is five decimal places. For example, FXCM Global Gold Exchange, China Eastern Airlines quoted 5 and fxsol quoted 4. The last four quotations are meaningful quotations, and we need to pay attention to the foreign exchange investors in the five platforms.