DislikedHiya TMS veterans. I have a question regarding your stop loss, if you use them. When a trade moves in your favour and has sufficient passed your BE point by say 20% or so, do you move your stop loss to the BE point and setup a trailing stop. If you do, do you find that you often get gypped out of some profits you otherwise would have got if you left your TP/SL at their original points? Right now I'm using a simple system of 1:2 risk reward ratio to set my SL and TP points and using TDI to pick the best setups for a realistic 1:2 trade. So when the...Ignored
Some people move their stops to b/e as soon as possible.
Some people don't. For example I put in trades then go to
bed & I don't move my stop loss. I think it depends on how
you trade & where you live & how closely you monitor your trades.
sj