Trailing stop differences

D

davidmaria1

Correct me if I'm wrong. Different brokerrs have different methods of applying trailing stops. It would seem FXCM requires
a price move of min. 10 pips before the trailing stop is activated.
MB's stop appears to move as soon as the trade is placed. Am I seeing this correctly?
 
I dont know about FXCM, but MB trails the stop tick by tick, using the bid price for long positions and the ask for shorts. You can define the treshold/offset yourself.
 
IMO its best to place/change your stop loss manually.

Perhaps because I trade with a longer time frame: swing-trader, and trend follower.
 
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