Advantages

Trailing Stop is an effective tool for flexible trading risk insurance. It allows a trader to gain maximum profit by changing the level of Stop Loss automatically. It can be used independently as a risk insurance tool and as an element of a strategy. Below you will learn what is a Trailing Stop, how to use it, what are the strategies for using it, what are the advantages and disadvantages of this tool and recommendations on trading with this risk insurance tool.

A trader gradually learns the essence of exchange trading. In this case, he can choose two ways - to use a demo account or trade immediately for real funds. Both approaches are valid, and the choice of one of them depends on the personal preferences of an individual. A demo account is a free account that can be opened at a broker's platform and involves trading with virtual capital. A trader performs the same operations but spares himself the risk of losing funds. Today we are going to find out where to open a demo account for a beginner trader.