You should consider moving your stop loss to
breakeven once the trade has moved in your direction.
You would want to begin the trailing process by moving your stop to
breakeven once the market clearly shows you that the trend is taking off in your favor.
Not exact matches
Once the market reaches 510.00 bring the stop loss to
breakeven (entry level); then manage the trade further by using a trailing stop loss 50.00 points behind as the market runs higher.
Once price hits first profit target raise the stop loss to
breakeven and if price follows through to higher levels, trail the stop loss.0400000 points behind until second profit target is reached or stopped out.
Once the
breakeven point is passed, the investor has «paid for» the conversion feature in full and now earns the higher yield as long as he owns the convertible.
Moving to
breakeven should really only be done
once a trade is up at least one times risk or more; not as soon as possible.