Stop Losses · InvestCEO with Kyle Henris

Stop Losses

Hi All, does anyone here advocate for moving stop losses up to the breakeven point if the trade has moved fairly significantly in your favor. Say for example, the trade has moved to 60% of the profit target, would it make sense to then at least move the stop up to breakeven?

As an extension of this idea, the stop could even be moved to a guaranteed profit but then there's a greater risk of it getting hit before reaching the full profit target.

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Stop Losses