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..... thanks, -Matt-
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