A very important tip from my side to you all.
If the market is choppy (sideways ) and you see your setup, there can be two outcomes
most cases its gonna get you SL cause whats what market do in sideways.
The 2nd cases: the market will show you a some profit and then it will turn against you and go for SL.
What you can do is take some profit each time the market moves in your direction and the moment you feel like it has covered some good distance from your stoploss, that's when you should move your stoploss to breakeven.
So even when the market will turn against you you won't turn a winning trade into a losing one.
A smart trader dont always win but still makes money because: He ajusts with the market conditions, he accepts what the market gives and don't turn winning trades into losing trades, and he makes the most on winning trades and lose very little on losing trades.
Trade smart, follow @Tradl3r
