I am currently using Oanda and while I am happy with the execution and spreads I can see where I am going to want to leave some trades on overnight and am going to need an automated exit option. Are any of you guys using a broker witht this feature?
I use FXCM Trading Station II which has trailing stops, works fine for me although I am thinking of moving over to oanda but didnt know they dont offer that facility.
trailing stops are generally a bad way of trading, the best way to trail your stop is by using price swings to lock in profit where trailing stop would take you out and you would lose the runner
