How Do You Actually Manage Your Open Trades?

If the price moves the right way, and it turns out well, I eventually (but not quickly!) move the stop loss to break even. And sometimes even move it a bit further, if it still goes really well.

But (like @tommor said up there) I never move a stop loss in the other direction, whatever happens.

And I don’t set it to trail with an automated thing, either.

1 Like