⚡️ Trailing Stop-Loss ⚡️

👀 Did you know? Trailing Stop-Losses can be a game-changer when the market moves in your favor! Here’s how to make the most of them using the Exponential Moving Average (EMA):

How to set trailing Stop-Losses with EMA?

1️⃣ Identify a trend. Use EMA to help you with that. If the price moves above the EMA, it’s an uptrend. Vice versa, it’s a downtrend. 2️⃣ After you open a trade, place an SL at the EMA level. 3️⃣ Adjust the Stop-Loss: if the market price moves in your favor, trail the stop-loss level along with the EMA. It allows you to lock in profits while giving the trade room to breathe.

💡 Do you use Trailing Stop-Loss? Write in the comments