Trade lock in Forex: The trade lock is to set the stop loss to some profit from the entry point. The entry point is the trade point. That is, the trade line is the entry point. Trade lock is when any trade goes into profit, so that those trades do not close again at a loss, setting a stop loss at some profit from the entry point is called a trade lock.
Trailing Stop: A trailing stop will automatically move your stop loss. Your stop loss will automatically move through the trailing stop. That is, if you use a trailing stop, whenever your trade goes into profit, as soon as you go into profit, the stop loss will be set as many pips below the current market price as you use the trailing stop.
Tailing stop is 10 pips if you give 100 pips. And giving 200 pips sets 20 pips. When using a trailing stop, if the market goes up, the stop loss will also go up. But a trailing stop will not work if the trade is not in profit. Moreover, Teling Stop will not work if the device does not have an internet connection
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