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

[zidab]

I believe it might be much better when all of us proceed your halt damage with parts in which by now offers you an advantage. by using it all of us won't have for you to concern yourself with while charges will probably turn around, along with we can easily benefit even if all of us strike a stop damage.

[arshad4433]

I think fore trading mein hamein kam se kam risk hi bear kerna chahye because forex trading aik bohat hi risky business hai aur issi lye mere khail se ager hamari koi trade profit mein ja rahi ho tu then hamein apni trade k stop loss ko kuch pips k profit mein set ker dena chahye.

[minok]

well dear, generally in forex trading I do think that you dont have to move the stop loss repeatdly according to the market sentiments, first you need to take a trade according to the trading strategy and then dont touch the order again ,it is called emotion trading also which is a major loss cause.

[Fatehpuri]

Dear mere khayal se agar ap koi trade open karte hian to apna ak lock profit aur stop loss ko must use karien ic se apko acha profit ho ga aur jitne b best traders hain wo yeh must use karte hian aur ic se acha profit le rahe hian aur ic se account be save rehta ha.

[pipshunt]

I think we can move our stop at break even point or in the profit zone it is upto our choice and I think break even point is good enough and we can easily make money if we can use the trailing stop at trading.

[Ankit]

It depends upon situation. If we are no sure about a long term movement in our profit direction then we must use trailing stop loss. Because it can give or lock some profit. If in case the trade moves opposite to our direction then it will hit stop loss but still we will be in profit. But trailing stop is not always a good opting because may be the trade is moving in our desired direction but as it swing and make a stop but after that it may move to the same direction. So if you are in doubt then you can use trailing stop loss.

[Rehman12]

dear i have no idea about that but it seem a very helping for trading and trader can reduces the risk of losing capital totally and can trade with more safely and i also want to learn about that trading strategy

[gin]

well dear I think there is no double that 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..

[kelv]

Anyone that suit you best, but for me I will move the sl to even break because some times this price cannot move to the break entry but if you try to gain some profit, you will lose some profit when this entry move to hit tp.

[pentkor]

When you are in profit zone and still it is going your way then you can just move your stop loss in profit zone to take as much profit as you can so even if it comes down still you'll get the profit.

not only get a greater profit, but to shift the stop loss to profit area is also the best way to eliminate the risk of loss. I think it would also make more comfortable psychologically, because it will eliminate the fear of losing our money. so it was a very good strategy.