For beginners‼️
If your position is in profit, never close the entire position too early. Instead, set your Stop Loss (SL) at the profit level you want to secure. This way, if the market continues to move in your favor, you can capture additional profits. As your profit increases, keep moving your SL up step by step to lock in more profits while protecting your gains if the market reverses.
If your position is in profit, never close the entire position too early. Instead, set your Stop Loss (SL) at the profit level you want to secure. This way, if the market continues to move in your favor, you can capture additional profits. As your profit increases, keep moving your SL up step by step to lock in more profits while protecting your gains if the market reverses.