๐When to Move Stop-Loss into Profit?
The moment your trade goes 1.5% to 2% in profit, you should update your stop-loss to breakeven โ thatโs your first protection.
If the trade continues and reaches 3% to 5% profit, start trailing your stop-loss just 1.5%โ2% below the current price, depending on market volatility.
โ This locks in profits
โ Protects you from sudden reversals
โ Keeps you emotionally stress-free
Remember: The goal of trailing stop-loss is not to catch the full move, itโs to protect the profits already earned.
Discipline = Growth. Always move smart. ๐น