Just moved my stop loss to breakeven on this position. Sometimes the best move isn't chasing higher targets—it's protecting what you've already gained. When price action gets shaky and you're sitting on solid profit, locking in your entry point as a floor takes the emotional edge off things. No more sweating if the market swings against you. This approach has saved me countless times from watching winners flip into losses. It's not about being overly cautious; it's about respecting market volatility and keeping your capital safe for the next opportunity.
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MEVSandwich
· 01-06 04:20
Move the stop-loss to the cost price; this trick is really brilliant and worry-free.
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GasGoblin
· 01-05 05:53
This move is brilliant; it should have been done this way long ago.
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ContractFreelancer
· 01-05 05:52
The technique of stop-loss at the cost price has been used by me for many years. It's really just a mental build-up, saving me from countless painful reversals.
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JustAnotherWallet
· 01-05 05:51
This move is brilliant; moving the stop-loss to the cost price really saves a lot of worry.
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DaoTherapy
· 01-05 05:50
This is true risk management, a hundred times smarter than blindly chasing highs.
Just moved my stop loss to breakeven on this position. Sometimes the best move isn't chasing higher targets—it's protecting what you've already gained. When price action gets shaky and you're sitting on solid profit, locking in your entry point as a floor takes the emotional edge off things. No more sweating if the market swings against you. This approach has saved me countless times from watching winners flip into losses. It's not about being overly cautious; it's about respecting market volatility and keeping your capital safe for the next opportunity.