DislikedI'm taking on the challenge Time: October 16 - October 22, 2022 Pair: GBPUSD Risk: 0.01 lot/trade Expected ratio: Risk 1 / Reward 2 - Trade: 02 / 10 orders SL: -22 pips / TP: +44 pips Lost = -22 pips - Total pips = +18 -22 = -4 pips - Learn from experience: The price has dropped in the right direction 18 pips but I still don't move the Stoploss to Break Even.{image}{image}Ignored
on your second trade you had two opportunities to sell and the first would have been a BE+1 and the second +5, but instead you sustained a -22 full SL. I suppose the rule to move your SL when you're in the green by increment of 5 is to preserve you gains and to prevent such a loss. Your third trade would have been +25, and yet you were stopped at BE.