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

[rozeee]

Stop loss can be apply on profit zone from some difference of trade value. It is very good strategy. But i cant do so i apply stop loss on loss side so if market is very down then i stop my amount loss and it safe me many time and some times it give me only loss.

[muazamali475]

Without having the benefit greater than the stop-loss first, you will not be able to move the stop loss to profit. If you have a good advicable of you to block some benefit. This is, to decide whether to change the stop loss is up to you. If you have a great advantage, you are always best to block out 50% of their profits it as I have said before.

[prolasti]

Then Hits stop loss price back to how most of the time could not be the advantage they can get to avoid the loss go at floating positive.and with this way the trader can lock their profit when the trend move back and again your order

[Mian Hamza]

1. Be Able to Deal With Your Emotions

Trading should not be emotional. You should be able to be cold and disconnected from the charts. This will allow you to see what the charts are telling you, rather that seeing what you want to see.

This is easily one of the most difficult things to master.

[bristol]

I anticipate it would be bigger if we move the stop accident in areas that already gives us an advantage. with it we will not accept to anguish about if prices will about-face around, and we can account even if we hit a stop loss.

[totytoty]

that is very good idea and very help ful idea that can make you good money as it will minimize loss that is something that can be very help ful and the more that you make little profit the good it is and you are not afraid from any loss

[manoo]

i think its all depend upon you that if you want to reduce your loss and earn profit then you can do this but if you dnt want this then plz dnt do this becasue its depend upon your luck some time you can got a huage profit and some time you face a big loss

[M.USMAN]

We have to move our Stop Loss to break even when the profits are already 20-30 pips. After that, we must move our move stop loss into a positive number and, move it step by step follow the movement of the price. We must draw includes approximately 50 basis points in the current profits to target reached results..

[fxbig]

see the respected and senior member that it is a very good an automatic option which will decrease our fear and increase our own motivation. by this we can tell the other people that we earned more than our loss. then the people will also motivate.

[rapidservice181]

There is lot of profit and loss in forex business as well like any other business but i tell you that there are many experience trader in this business i have seen so far but i did not seen a single trader which is not facing loss in forex trading business because loss is also part of game.