Videos
Have an open position that’s making a profit? Thinking of moving its Stop Loss so that no matter what you won’t lose any money? Think again.

This is one of the many mistakes traders make when they experience the rush of having a winning position and feel like they’re on top of the world. The actual facts are that traders in this situation often abandon their initial analysis and miss out on more potential profits.

Why does this happen? David explains that the market never moves in a straight line and needs enough time to reach the targets we might have set. The frequent pullbacks within a trend are one of the main culprits for triggering Stop Loss orders, especially when you move them closer to the current price.

This video focuses on the circumstances in which this happens and highlights the importance of discipline and the correct mindset when it comes to moving – or rather not moving – your Stop Loss.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.

Articles You May Like

China pledges $42 billion in a slew of measures to support the struggling property sector
One-third of single-family homes for sale are newly built, report finds. Here’s what buyers need to know
Top Wall Street analysts like these 3 dividend stocks for high yields
Slow, then slower: municipal bond issuer audit delays hit 12-year high
Texas ban on public university DEI offices carries financial penalty