Useful information for you:

Preventive stop movement or stop loss:

Moving the stop loss to the entry or profit area: (Trailing Stop or Break-even Stop).

Securing the trade: Making the trade risk-free by moving the stop.

Protective Profit Management.

How is that?? Practical example: This method is valid only for winning trades to secure:

Imagine your trade is winning by $0.5 and your stop loss was below the entry price, and you studied the trade that it is continuing to rise. In a smart way, remove the stop loss and move it to the next profit area of $0.25, so if the market reverses quickly and reaches the stop loss, you will exit with a profit of $0.25 instead of exiting with a total loss. Always keep the price range within two areas: a profit-taking area and a winning stop loss area, not a losing stop loss area. This dynamic movement makes your trades more profitable.

Good luck 👌💐😶‍🌫️