DislikedSo even thought we are very close to our TP.
I understand changing the system to protect some pips is messig around with the systems principles.
But BB?, you dont do anything like that at all, and just let it ride out.
It would be a good trade gone bad. A wise mentor once told me to protect your profits by moving yout Stop Loss. He wasnt a fan of trailing stops though.
Any comments?
Thank everyone...yes, trade still pending TP on North F.Ignored
The rules that were tested do not include taking profits early or moving stops. If you do that, you are trading a different system. To know whether your new method is profitable, you need to backtest it. It may or may not be.