A Simple Rule for Moving Your Stop Loss to Break-Even / Profit

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We discuss a simple rule to decide when you should move your stop loss to break-even or to a profitable position.

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TECHNICAL ANALYSIS
We discuss a simple rule to decide when you should move your stop loss to break-even or to a profitable position. This is an easy rule to follow that will form the foundation of a more complex exit strategy for your trading. Having a good exit strategy is important in trading to make sure you keep risk under control and exit trades before they turn against you or get too out of hand.

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