#教学

When should you move a trade to breakeven?

Stop losses should only move in the direction of the trade, never against the opening direction (as this increases risk).
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Your trading system must have a rule for moving trades to breakeven. For long positions, the stop loss should move to a few points above the entry point (or for short positions, a few points below the entry point).
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The benefit of this is that if price suddenly starts moving against us and returns to the entry point, we can close the position without a loss, and may even cover trading costs like commissions.
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However, there is a drawback—if we move the stop loss too early, we might miss the opportunity to let profits grow.

The best approach is to establish a rule for moving to breakeven and follow it strictly to avoid emotional fluctuations.