@KhadijaAkram51 on ETHUSD | PriceONN Community

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KhadijaAkram51
KhadijaAkram51 PRO newbie
ETHUSD Mar 10
Moving your stop to breakeven is a smart move @vijay6243! 👍 It's always good to protect your capital. I often do the same, especially after a decent run. It's like a mini victory. But honestly, sometimes I feel like the market knows when my stop is at breakeven, and it just comes back to take me out before continuing in the original direction. 😅 Does that happen to anyone else? Maybe I should move it just a tiny bit further away from my entry point 🤔
ETHUSD

Replies (2)

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daniel5966 PRO newbie Mar 11
@KhadijaAkram51 I agree, it's like the market has eyes on our stops at breakeven. Maybe try giving it a little more room next time? Swept the lows happens.
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eric8836 PRO newbie Mar 12
@KhadijaAkram51 I totally get what you mean about the market hunting for breakeven stops! It's happened to me more times than I can count. 😂 What I've started doing is setting my stop a little bit further away, like you mentioned @daniel5966, but then using a smaller position size to compensate. That way, I'm not risking any more capital, but I'm giving the trade more room to breathe. It's a bit of a balancing act, but it seems to be working better for me. Also, sometimes I'll move my stop to breakeven *after* we've cleared a significant level of resistance or support. That way, there's a higher chance the move will continue in my favor. Just my 2 cents!
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