🔥“What is SLHV for? If you enter the order and just use SLHV, then what's the point?” - Is SLHV really necessary or not?
🔹 Surely those who have been following Trading Insight for a long time know that almost 100% of orders or trading signals have SLHV, which means “Stoploss at breakeven or Stoploss entry,” or moving SL to entry or pulling SL Entry.
🔹 After quite a few years of trading and being thrown around by the market, I find SLHV quite important. And how important it is, let me list the pros and cons for you to consider!
✨ Advantages: After obtaining a profit level (meeting the conditions), we start to set up SLHV.
- Trading psychology will be more stable, reducing the pressure of holding onto losing trades. Because you will only have breakeven trades or profitable trades, not suffering losses.
- Reduces the risk of the market fluctuating quickly and strongly, leading to unwanted SL hits.
- Easier to "HOLD PROFITS" and the profit margin will always be positive and much better.
- You can leisurely hang your orders and go have fun without needing to open the chart or check the chart continuously (this situation is faced by many).
✨ Disadvantages:
- Easy to be swept and trigger the STOPLOSS Breakeven (SLHV) early.
- May lose out on opportunities with high-profit signals.
- Transaction fees (not worth it compared to being hit by SL, and what to worry about while the team backs the fees for you).
🔹 SLHV is also considered a method or trading style. Some people are suitable, some are not. But ultimately, this is a style that leans towards safety. Minimizing risks to the maximum level.
If you are worried about fees... what’s there to be afraid of? The team has max back fees for you, so just shine brightly and have fun.
📌 Everyone's opinion is different. For me, 100% of trading orders always have SLHV set when the conditions are met. Keeping money is always a necessity.