Just adjusted my position strategy—moved the stoploss up to breakeven. This is a solid risk management move that locks in the trade. Once the price hits breakeven, you've eliminated downside risk while keeping upside potential intact. It's a classic way to let winners run without sweating a potential loss. Whether you're scalping or holding for bigger moves, this breakeven technique keeps your portfolio protected while staying in the game. The psychology here matters too: knowing your downside is capped makes it easier to hold through volatility.
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Just adjusted my position strategy—moved the stoploss up to breakeven. This is a solid risk management move that locks in the trade. Once the price hits breakeven, you've eliminated downside risk while keeping upside potential intact. It's a classic way to let winners run without sweating a potential loss. Whether you're scalping or holding for bigger moves, this breakeven technique keeps your portfolio protected while staying in the game. The psychology here matters too: knowing your downside is capped makes it easier to hold through volatility.