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What does it mean to move stop to break even
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What does it mean to move stop to break even

  #11 (permalink)
Elite Member
San Jose, CA
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: IB, Kinetick
Favorite Futures: NQ
 
Posts: 552 since Dec 2012
Thanks: 490 given, 365 received

Depending on your entry area the break even strategy is not always the best bet. The reason is the breakeven area typically serves as support if you're long or if you’re short resistance. It all depends if you’re getting good entries or not. If you study charts like I do, I would go back and review your entry areas for your strategy and figure out if a breakeven entry is good for your system. This is my two cents.

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  #12 (permalink)
Trading for Fun
Boise, Idaho
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: AMP/CQG
Favorite Futures: es
 
Posts: 71 since Feb 2013
Thanks: 28 given, 10 received

Thank you for everyone's excellent and thoughtful answers. I drive a truck between salt lake and seattle so i am behind in my responses but I am carefully reading each reply.

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