PipBoxer Help Centre

PipBoxer uses 6 money management tools. Two of those are very interesting: Negative Trailing Stop and Move to Mid-Stop Loss.

Let's assume that PipBoxer enters a trade but the trade goes agains the direction of entry. In this case it is very likely that that price hits stoploss and you lose the trade.

PipBoxer money manager is equipped with two tools that could help to reduce this risk.

If the price moves very near to the SL level, the Negative TS would move Take Profit level below the open price. If the price continues approaching stoploss the Move to Mid-SL moves Take Profit somewhere in the middle of the way between open price and stoploss.

In both cases if market slightly moves in your favour, price hits the new Take Profit and the trade closes. Strangely in both cases you lose money because Take Profit is below the open price level. However, it is better to lose less than more.

For further information about these tools visit http://www.pipboxer.com/educator/order_management.php. You may disable these tools to avoid this situation but in some cases they have shown to be useful.