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Trailing stop method works hand available with stop-loss. It allows you to trail a multitude of pips behind the current rate today before an end loss is issued. To elaborate, You select a level of pips you are comfortable all the way through. When you enter a deal, you make sure that you continue as long as existing market rate is within might help to prevent specified. But as soon as your rate is exceeded, an end loss order shall be implemented.
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