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

[fxstar]

SL and TP is most important for us and we use it in our trading to get good profit and SL for protect our account from huge losses so use it and do safe trading this time i am also use these options for trading and earn good profits and some time losses

[gajah mada]

Indeed installing SL it is not a necessity, but we need to realize that SL is part of MM applications that must be adhered to, especially for Beginners. Cutloss also part of the MM as well, but the application requires a heavy psychological factors when deciding. But all of you are selecting for profit or MC only you taste the fruits of your decision.

[brave007]

Stop loss is such kind of element of Forex trading that will help to reach to the goal. 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. Thanks to all...............

[ishvara]

It is never a good idea that a forex exchange trader in this business moves their stop loss or take profits, it is showing a poor money management policies. A trader should be sure that they allow their trades to run.

[adnan1]

I do believe it could be much better if many of us go the halt decline throughout locations in which without a doubt allows us a benefit. about it many of us won't have to concern yourself with as soon as price ranges will probably convert, and we are able to profit regardless of whether many of us struck a stop decline.

[fxmoney]

Trailing stop loss is one of the best way by which you can book some of your partial profit and wait for the long time to gain more profit so by doing so you can reduce the risk of the trading and you will not get panic at any time.

[red.ta]

The businessperson is that dealing is done in the thrifty industry in a author nonpareil item, it is really a amend way to destiny the instance in the earnings section as it module support the dealing as the position may be.

[Mobisola]

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.

Yes locking 50 percent of his or her profit before thinking of changing the stop loss,at least getting the 50 percent profit is a good profit on its own so we can now use the remaining profit to do whatever method or strategy we want to use it to do

[samsulct]

This exercise is very good but it is basically when a scalping trade today, you move SL to breakeven point favorite or what the profit is small, and in this way if the position of back and you do not manage that at that time, you will not get to losses, rather, you will get to go out on a tie or profit sharing.

[sam234]

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??

.
It depends on your own choice but to me, i prefer to move my stop loss in order lock some profit and secure it in case if the market retraces backwards. I think its safer for me and i dont know for you.