(Last Updated On: January 14, 2020)

So if you are using trailing stop for your profit digging, then that might be difficult to use automated. Although in Singapore we also have trailing stop that can automatic trail. Okay? So in India, I’m not sure whether you have automated trailing stop. If there is automated trailing stop, that is also something that you might want to think about using-

Just to make sure that you keep your discipline there. Okay? But of course the actual mechanism of your trailing stop, if there is in India, it might be different from what we have in Singapore. So you have to take a look at that more in detail. But generally, typically for traders, most of the time is using automated stops to remove your emotions from the decision-making. It’s usually a better idea than not to use.

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