A trade where the stop loss has been moved to the entry price (break-even), eliminating the possibility of loss. Moving to break-even too early can reduce win rate as normal price fluctuations stop yo
A trade where the stop loss has been moved to the entry price (break-even), eliminating the possibility of loss. Moving to break-even too early can reduce win rate as normal price fluctuations stop you out. Moving too late defeats the purpose. A common rule: move to break-even when price reaches 1:1 risk-reward.