A Simple Rule for Moving Your Stop Loss to Break-Even / Profit

We discuss a simple rule to decide when you should move your stop loss to break-even or to a profitable position. This is an easy rule to follow that will form the foundation of a more complex exit strategy for your trading. Having a good exit strategy is important in trading to make sure you keep risk under control and exit trades before they turn against you or get too out of hand.

Videos mentioned...
Type 1, 2 & 3 video: https://www.youtube.com/watch?v=WxtLx5KmoAE
Time horizons / structure video: https://www.youtube.com/watch?v=9B74Cl-lEIY

▶️Watch more Trading Risk Management videos: https://www.youtube.com/playlist?list=PLnLi8MK-orCE9BKUp7kmnrRsL2YIEtryl

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Видео A Simple Rule for Moving Your Stop Loss to Break-Even / Profit канала The Duomo Initiative - Trading & Investing