This is absolutely right.
Automated trailing stops, anyway. (There are people manually trailing a stop-loss, for example a couple of pips beyond each newly-formed swing-high or swing-low of the price, and there’s nothing wrong with that at all - but that’s not what we’re talking about, here).
Exactly.
I never have, in my whole career.
It’s just nonsense.
You can’t learn anything helpful from this, @shanmugapradeep , because (among other reasons) you’re testing the wrong things.
Part of the reason for that is that you’re trying to run before you can walk automate before you can profitably trade manually.
Forums (and Youtube) are full of people repeating the same misinformation about trailing stops over and over and over again.
It’s what our pink-hatted friend would call a “two groups” thing. The big group of people trying to trade repeat all the myths about trailing stops. That’s why you see this repeated everywhere, and is why you’ve made the bad mistake of believing it, yourself. The tiny group of people trading for a living won’t have anything to do with them.
I’ve already given the link below in one other thread, today, but in a way it can’t be publicised enough, just because (in contrast to most of what you read here, on this subject) it’s actually right!!