Hello everyone, I hope I'm allowed to post this here - it's a free educational video so I don't see why not!
In my video I explain why moving your stop loss to break even so you 'can't lose' can severely affect your trading performance. I explain in depth using both theoretical and real chart examples. Also I cover why there is no such think as a 'risk free trade' by moving your stop to break even and the flawed logic behind this.
You can watch the video on YouTube here - https://www.youtube.com/watch?v=4nwGAZV9y-w
I hope many will find it useful, I've had good feedback so far!
In my video I explain why moving your stop loss to break even so you 'can't lose' can severely affect your trading performance. I explain in depth using both theoretical and real chart examples. Also I cover why there is no such think as a 'risk free trade' by moving your stop to break even and the flawed logic behind this.
You can watch the video on YouTube here - https://www.youtube.com/watch?v=4nwGAZV9y-w
I hope many will find it useful, I've had good feedback so far!
[RBFX] Moving Your Stop Loss to Breakeven/The 'Risk Free Trade'
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