Day traders should learn to press the market and add conÂ¬tracts at crucial trend confirmation intraday prices, moving all protective stops to break even with additional contracts. When a bull market makes new half day highs, instead of trading a one price unit size, trade two or more price units with a tighter stop. Either the market profitably explodes, or the trade is exited immediately. When building bullish trading positions, move protective loss stops to break even as new positions are added. The location ideal for the protective stops are below a previous reaction low, a trend line, or psychological resistance price. And keep on mind that you are not adding to an existing position. You have it correct when you say adding ânewâ positions. They are new positions and must be managed as such, all the while remembering that each ânewâ position is put on that much closer to the end of the move and therefore carries increased risk.