止损千万别这样移

Price is near your stop, so you move it a little further.

That one habit turns small losses into big ones.

Here's a real gold chart. Say you bought at 4165, with a stop at 4140, under the last low.

Price slid down to 4141. Just above your stop.

So you move the stop to 4135. Price comes near it again. You move it again.

Then this one hourly candle dropped to 4085. A few hours later, 4073.

Your plan was a 25 dollar move against you. Now it's over 90.

On 0.1 lots, gold moving 1 dollar is 10 dollars. So 250 planned, now over 900.

Moving the stop away doesn't save the trade. It just raises your risk.

The rule: a stop only moves toward profit, never away.

Price goes your way? You may move it up, like to your entry price.

Price comes back to your stop? Leave it. If it hits, the idea was wrong. That's fine.

A small loss is the cost of being wrong. Take it, and look for the next setup.

Save this. Stops move toward profit only. Never away. If it hits, accept it.

Your turn. Ever moved your stop away? Be honest. Never, once, or often? Comment below.

Follow for one chart lesson every day.

go dot borearis dot com.