ChrisOC

Hi Gino, I am a follow VP Follower who has listened to all his videos and podcasts since the very beginning. so I've been trading for about 2- 3 years now, He is 100% worth listening too especially with patience. to answer your question with mt4 ill use a scenario: so you want to go long on the EURUSD, you want to put 1.00 on each trade trade A = stop loss 15 pips, TP 10 pip trade B = stop loss 15 pip , do not set a TP (this should be completely empty) then when trade A disappears then move stop loss to price you bought at. Now for the real advice! dont use MT4 as your broker, use the IG account this provides good trailing stop access, and other benefits such as a total stop loss (say you may have 5 trades on one you can set all stop losses using one button. i still use the MT4 for my indicators though, i cant remember which episode of the podcast but VP does the exact same, MT4 is fantasic for indicators but not the best for open trades.