Trailing Stop Loss Secrets: 3 Easy Ways to Ride Trends & Lock In Profits!

In this video, Andrew Lockwood (from Forex Signals) is going to teach you how to use a trailing stop loss in forex trading. A trailing stop loss allows you to ride trends while constantly locking in higher profits. This is because a trailing stop loss constantly adjusts its stop loss levels as the trend develops. Andrew is going to teach you the three main ways of using a trailing stop loss: behind a moving average indicator, behind an ATR indicator, or behind price action. Each way of using the trailing stop loss is somewhat different, so you can determine which one best fits your own forex trading strategy! 00:00 - Introduction 00:59 - What is a Trailing Stop Loss? 03:00 - Three Ways to use a Trailing Stop Loss 03:50 - How the Trailing Stop Loss Works 05:56 - Trailing Stop Loss Behind a Moving Average 09:11 - Trailing Stop Loss Behind an ATR 12:56 - Trailing Stop Loss Behind Price Action 14:48 - Should You Use a Trailing Stop Loss? 15:19 - Outro 💸 Become Financially Free By Learning How To Trade here: 👉 https://to.howtotrade.com/x9q RECOMMENDED BROKERS: 🏅Switch Markets - https://to.howtotrade.com/ixx 🏅Oanda (US & Canada) - https://to.howtotrade.com/lx6 The best VPS for algo traders: 📀 The Best VPS for EA Traders - https://to.forexvps.net/yt-home OUR SOCIALS: 📸 Instagram - https://www.instagram.com/howtotradecom/ 📘 Facebook - https://www.facebook.com/howtotradecom ♪ TikTok - https://www.tiktok.com/@howtotradecom ↗️ Telegram - https://t.me/forexsignalscom 🐦 Twitter - https://twitter.com/howtotradecom 🟦 Linkedin - https://www.linkedin.com/company/howtotradecom 1,800+ REVIEWS ⭐⭐⭐⭐⭐ 💚 Trustpilot - https://www.trustpilot.com/review/forexsignals.com AFFILIATE PROGRAM 💰Earn money with our leading affiliate program: https://howtotrade.com/affiliate-program/ FREE TRADING EDUCATION: 📩 Free Weekly Forex Forecast - https://to.howtotrade.com/ica 📩 Free custom trading tools for all types of traders - https://to.howtotrade.com/4jv 📩 Join our free monthly NFP special live event - https://to.howtotrade.com/e8l 📩 Free library of trading Cheat Sheets - https://to.howtotrade.com/fix 👩‍🏫 Learn more about Chart Patterns - https://to.howtotrade.com/mbs 👩‍🏫 Learn How To Trade with 100% Free Courses - https://to.howtotrade.com/atn 👩‍🏫 Learn more about trading Forex Strategies - https://to.howtotrade.com/0cq * The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts. ** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored. *** This video and the video description may contain affiliate links, meaning HowToTrade.com will get a commission if you decide to make a purchase or trade through our links, at no cost to you.