Stops to b/e?

Discussion in 'Trading' started by EqtTrdr, Mar 24, 2003.

  1. Just wanted to get some ideas from anyone out there that swing trades about when and if you ever move your stops to b/e....

    I have been finding lately that my swings are going 1/3 to 1/2 way to my target exit, reversing going past my original entry, taking out my stop, then turning again and reaching my target.....

  2. i do mostly swing/position trades. i HATE b/e stops. i usually get a good 3 days after entering my trade. and to see those gains go away or go to breakeven makes me cringe ! i know alot of people like to move their stops to b/e but i just cant do it anymore and i take the gains when i can -- (if its big gains in the first few days )

    about 2 weeks ago i was up about 6 pts in 2 days. and instead of taking that i let it ride and kept a b/e stop. of course i ended up breaking even and i felt like the biggest dumb ass to let 6pts go to nothing :mad: :confused: