Benzinga breaks down how to use trailing stops. Find out how forex traders use a trailing stop to protect and enhance their profits.

A trailing stop is a stop order that tracks the price of an investment vehicle as it moves in one direction, but not in the opposite direction.

When to buy and when to sell. When to use Trailing Stop Loss Orders (TSLOs) with the BPI model. Using Bullish Percent Indicators to determine Buy and Sell conditions.