Mving stop loss to break even or in the profit zone??

[barkiman]

Naturally the best option is to move the stop to a profitable level but only if market conditions permit this, if we are seeing that market is moving opposite to our expectation and trade and we expect further move it is better to cut the position at that level itself.

good opinion. I always put a stop loss and take profit of 50 pips. if the price is already present in the profit zone, for example 25 pips, the stop loss I will soon move in SL +1, meaning that if prices turn around, I still get 1 pips. if the price is the opposite, I was not pending to hit 50 pips SL, if it reaches -30 pips, I immediately cut loss.

[zoomfire]

Naturally the best option is to move the stop to a profitable level but only if market conditions permit this, if we are seeing that market is moving opposite to our expectation and trade and we expect further move it is better to cut the position at that level itself.

when the market seems to breakout there might be some very odd movements.10 pips up and 10pips down like that.so dont get scared of seeing that and alter SL for every few mins.
stay calm if your analyses is correct.

[naziafarhan]

han aesa h sakta ha par main ap ko bataoun k main ne abhi tak apni kisi bhi trade main stop loss use he nahi kiya ha kioun k main stop loss ko use he nahi karta houn mugh ko pata ha ye risky ha par phr bhi main es ko use nahi karta houn

I always use the sl. Some tomes price touches my sl and get beck to my desired direction. But still it is profitable cause If it is a wrong trade then it will save my account froma bogger loss. So I always use sl.

Naturally the best option is to move the stop to a profitable level but only if market conditions permit this, if we are seeing that market is moving opposite to our expectation and trade and we expect further move it is better to cut the position at that level itself.

Thanks very much I am getting some more confidence to do this after your answer. Really if you get some suggestion from anyone about your trading then it will be helpful for getting strengthen in taking decision.

I think the best way is to stay patient for the whole time duration and be cool and not try to get the results quickly.
The best way to do this is to take the mind off from the trade and listen to songs and don't look at the trading screen.

Yes being patient is good but if we can move the sl to the profit zone then we can lock some profit and then if the price moves in the opposite direction then we can become more profitabel than we make loss.

thank you my dear app ne kafi achi information ham se share ki ha es ko read kar k mugh ko kafi faida howa ha or main bhi es moveing avreage k barey main soch raha houn es liye ab main es ko use kar k jo resul ho ga app se share karoun ga

I dont think that I was talking about any kind of moving average here. Al I have talked here is about moving the sl to the profit zone. Thats it. PLease read the post forst then go for reply. Thanks.

if we want to move the stop los profit zone then we should use a trailing stpo, using a trailing stop then prfit we will lock automatically in accordance with the points that we want ....

Yes trailing stop is another good option but it trails when 1 pip mobement is done I am saying that we can manuallly move the sl to a certain level where we can see that if the price goes beyond it then we can see a reversal.

[yogesh]

Naturally the best option is to move the stop to a profitable level but only if market conditions permit this, if we are seeing that market is moving opposite to our expectation and trade and we expect further move it is better to cut the position at that level itself.

[bjbh427]

I think the best way is to stay patient for the whole time duration and be cool and not try to get the results quickly.
The best way to do this is to take the mind off from the trade and listen to songs and don't look at the trading screen.

[sinaga]

I think it would be better if we move the stop loss in areas that already gives us an advantage. with it we will not have to worry about when prices will turn around, and we can benefit even if we hit a stop loss.

[tajdarbet]

I have always heard.Traders talk of moving their stops to break even. My question is shall we move the sl to the BE only or can we move it to the profit zone so that we can lock some profit. Which one is better??

han aesa h sakta ha par main ap ko bataoun k main ne abhi tak apni kisi bhi trade main stop loss use he nahi kiya ha kioun k main stop loss ko use he nahi karta houn mugh ko pata ha ye risky ha par phr bhi main es ko use nahi karta houn

[naziafarhan]

mara accont main profit be hota ha or loosss be forex trading main ap losss our profit dono ko nazar andaz nahi kar sakta is main do raya pada ho jati ha is main ap forex taidng ka sakta ho

I told that what should we use moving stop to profit zone or BE. I think some profit should be locked by moving stop loss to the profit zone. I reallt like to do that by doing this I can have some pips.

[newentry]

yes of course you can do that, and if you can use trailing stop loss too, it will move with automatically when your order go at floating positive...and with this way the trader can lock their profit when the trend move back and against your order

[pravi]

I have always heard.Traders talk of moving their stops to break even. My question is shall we move the sl to the BE only or can we move it to the profit zone so that we can lock some profit. Which one is better??

First of all we cant move the stop loss to profit without actually having a larger profit than the stop loss. If you have a good its advicable to lock some profit. It is up to you to decide whether you need to change the stop loss. As said before if you have a large profit it is always better to lock 50% of your profit.