Hi Purpose Traders. In this video, I will be showing you how to set a sell limit and how to move a trade to breakeven. Both of these are vital to being a profitable trader because there may be times you cannot set manual orders due to time or distractions. There will come a time when you in good profit and you don't want to risk giving it back.
I pray you find...
Hello everyone:
Today I want to discuss a topic in Risk Management, specifically on when and how to move your STOP LOSS to BREAKEVEN or in PROFIT when you have a running profit trade/position.
In an impulsive phase of the market, we want to make sure to protect our entry as well as secure profits.
In this example of EURUSD, I managed to get 2 entries in, and...