DislikedNot sure I agree with BE being a bad thing. I often use what I call a virtual be. Where, I will close a percentage of a trade that has potential to move past an FTA for a bit of a run. For example. closing two thirds of the trade and I do not move the stop to the physical entry point, because I took two thirds profit, I am still going to be at BE+ even if it comes back on me before getting a chance to move to the physical BE. I feel at the FTA we have to take some measures to protect our investment and not try and hope it will break through the...Ignored
This is worlds apart from taking nothing out and moving to BE where the trader is NOT wrong on their trade idea but simply refuses to take a loss on it anymore.