Moving stops to breakeven – Wednesday’s video…
Many traders like moving their stops to breakeven so if the trade comes back against them, it doesn’t turn into a loss. But is this the right thing to do?
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One of the best videos you’ve put out. Also position size has a big impact on this. I find if I put too much on a trade then I’m far more likely to move my stop to BE quicker and get stopped out just because the risk is too big.