In this video post, I'll explain to you why setting your trades to break even could cause you more harm than good.
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Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
but what if I only move the stop to the break even when the market moves 80 or 90% in my favor?
good
Excellent Rayner. wtf reason to sell on support.
Moving stops to break even has cost me more money than virtually any other bad habit (other than trading counter trend!)
Excellent Raynor and excellent reasoning behind not breaking even though it feels good in the short term.
Very good video. I like your series in general.
I can't even count how often I've made this mistake.
What do you think of automatic trailing stop losses?