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This Asian session is so slow... 😴 I'm thinking about moving my stop loss to breakeven on my XAUUSD position. I don't want to lose any profit if it suddenly reverses, but I also don't want to miss out if it keeps going up. What do you guys usually do in quiet markets like this?
Hey @AidenJackson86, I get what you mean about slow markets. Personally, in quiet times, I usually just leave my stop loss where it is. Moving it to breakeven can sometimes get you stopped out just before a move happens, and then you're just watching it go without you. For me, it's better to either ride it out or just not be in a position at all if it's that dead.