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

[zeshan]

if the trade is in the profit zone then u feel the market is go to move against so close ur trade at some profit and don t take the risk for big profit if u stop loss then also best

[Gurufx]

Well there is no end to learning in the field of trading. I reckon every trader wants to become perfect but it is never so easy. One has to reach perfection in trading by constant practice and taking corrections and generally improving on oneself and one's trading style.

[foa1]

Of Course,Forex trading mai ap har cheez ko dekhte hain ke jab ap ki trade profit mai ati hain tu Kuch trader ap trade ko save karne ke liye Stoploss Break even lagte hain agar market up ya down trand ko break karti hain tu profit double mil jata hain aur profit bhi acha milta hain......

[dlesar]

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

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??

In the first must stop loss at its farthest possible point, but after moving the cursor in the direction of profit and are afraid to return to P loss can be altered to the point of purchase so as not to lose anything of any profit or return of capital.

[fajar]

zone is very difficult to find good fortune, and also to know the SL as well ..
you have to do the pivot according to my calculations it's been very effective ...

[100c�]

stop loss if moved to the profit zone is called as the trailing stop and that is an amazing concept because there is no way that you loose money in any case if you have made the trailing stop active

Yes of course trailing stop loss is most important if we are in profit. some time we think that we can go for more pips profit and our signals also giving the indicators for more pips, so in this situation we use trailing stop loss to take profit.

[forexgain]

stop loss if moved to the profit zone is called as the trailing stop and that is an amazing concept because there is no way that you loose money in any case if you have made the trailing stop active

[Malay Lady]

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??

From my opinion, we should move our Stop Loss to breakeven when the profit is already 20 pips. After that, we move should move our stop loss in a positive numbers and move it step by step follow the movement of the price. We should lock the profit about 50 pips below the current profit until the Target Profit is reached.

[taufiqbd]

I think a trader should be trade on the basis of his trading strategy. you mention that you want to be hedging for earn more profit, you do not use stop loss, but stop loss is very much important I suggest you do not use hedging, use stop loss in every trade where your loss is 2%. I think it is not your loss, it create opportunity to earn more profit.

[coba]

maybe it can do when the market is supportive and predictable movement ..
but if the current market is sideway or long-term you may be very difficult ..