DislikedHello,
Please, I would appreciate if somebody explains me the next two phrases:
1- “The remainder (a second lot) is set to 20 to 25 trailing stop”
2- “Goes to BE”
Thank youIgnored
BE is break even. Once the position has passed a certain target, the initial stop (usually initially a loss) is moved to the break even point, thereby ensuring the trade cannot be a losing one.
Hope this helps.