ST Sir.... I have always had trouble with this quote..... When do you consider to move your Stops to Breakeven..... I mean suppose we are trading Nifty on 5min TF and it moves 15points (for example) in our favour.... Do you move the Stops to Breakeven......
Regards
Regards
I normally will enter the short trade on pivot break / failure...and if the market comes back in the range after going 15-20 points in my favour then the market is either reversing or sideways....in both cases I would get out of the position....
Best Wishes.....
Smart_trade