Stop Loss fixed: Breakven or trailing stop?

[kukoC66]

Hello everyone, I would like to ask the traders with experience what type of stop loss (sl

[cocuSesynestesSesy]

It depends on the temporal frame, your trading style and the flow of the market.In my opinion, the Trailing Stop is good when you do not have a fixed profit and trust the general market dynamics (as strong movements, for example the EUR/USD in certain sessions

[Jawuu19]

I use only a fixed stop loss, but with a little criteria ... - In case of a bullish order: Takeprofit = encentrated price + [(encentrate price - Stoplas

[Corywoy]

For me, the temporal frame should be one of your bases.- In Marcos de 30min, 15min, 5min or 1min, I would use Breakeven when the operation is in profit, because prices tend to be more volatile in these frames and can easily reach your SL.- For temporary frames greater than 4 hours, Trailing Stop is more necessary to capture complete trends, but it requires finding a safe level to locate the trailing, which is more difficult than using break.Breakeven is easier, but Trailing Stop can make a difference when protecting your profits and preventing winning operations from becoming losses or reaching zero.Know your personality as a trader first.In the end, you are the only one who can make your system work.

[GargaTo]

Use only the golden proportion to calculate your SL is ridiculous if you do not take into account other market factors.At what point do you make your entries?Do you just decide to be bullish or bassist at any time and let your calculations do their magic?Please explain more.I want to learn from you.

[TesroyTa]

There is no "absolute truth."If I had put a fixed stop in this operation, it would have come out with losses.But if I had not done it, I would be in trouble to trust the "hope."Trailing Stops are a ruin because they take away possible future profits.Only you can decide.

[racuaTesrreses]

Moving the Stop Loss to Breakeven is something that should be done in all conditions.Protect your account and allows you to breathe calm.

[wuSesyCaxny]

Quoting: "Move Breakeven protects the account."Could you elaborate more?In this graph there are several pivot points.Could you suggest which one should leave the operation?I have no idea.Moving the SL to Breakeven only serves to save you from your own stupidity, something that seems to be very common.

[kukoC66]

It seems that there is no easy solution.

[EsTestri]

Someone once said that going out in Breakeven is like not charging for a work done.I think it makes sense.

[todokes]

For me, Trailing Stop towards Breakeven is the best option.I usually move my initial SL to Breakeven + x pips when the operation advances.

[kukoC66]

Thank you ... I would bet that moving Breakeven reduces losses but also decreases profits because you cut some winning operations.It seems that it is always a commitment between both.Do your tests with other types of SL show the same?

[JCukoS13]

Putting a SL in Breakeven just because you don't want to lose money does not make sense.You are basically opening an operation in the opposite direction at that level.

[kukoC66]

Mmmhhh...

[jaCarTr]

The Trailing Stop to Breakeven depends on the general management system.It does not work for only two open positions because you will not win much.I use an upward average method + Trailing Stop to Breakeven + Grid + Hedging with Lot Size Reduction at subsequent levels of the Grid.Only the trailing stop when the third level of the Grid is activated.Thus, the risk is at levels 1 and 2 of the Grid if the price goes back.However, I have an opposite model to cover.My idea is to reduce risk and increase profits as much as possible.I have done many tests and, according to my findings, the order of effectiveness is: Stop Loss> Breakeven> Trailing Stop> Combined model.

[CavuTes2017]

As this thread shows, everything depends on the general strategy.Personally, I advance the SL once the price reacts in my favor.The Trailing Stops do not convince me ... the market always goes back, regardless of how bullish or bassist the trend is.I prefer to find logical levels that indicate a change in trend and contradict my market vision.

[DoSones9]

For countercurrent strategies, a fixed SL and TP are better because you operate between support/resistance levels.But to operate with a trend, a trailing stop without TP is better to try to take advantage of the trend.

[kukoC66]

Thanks for sharing your ideas.This is helping me to consider different perspectives.

[axba667]

Moving the SL to Breakeven may seem like a good idea, but it only protects you from small losses, not a bad strategy.

[kukoC66]

Understood.I will use it as part of a more complete strategy, not as the definitive solution.

[crusTkNor26]

I do not understand why so many traders think that moving the SL Breakeven is a magical solution.It is simply a way to calm the ego: "I will not lose."If you really think you are following a winning strategy, you should be more concerned with maximizing profits than to avoid insignificant losses.In addition, Breakeven can lead you to cut operations that still have potential.Why not let the market do its own and accept losses as part of the process?The success in trading is not about winning each operation, but about having a robust system that is profitable in the long term.

[GesbuSesgi]

Moving the SL to Breakeven has its merits, especially if you operate in small time frames where volatility can get traders too fast.I have seen many traders stay out of profitable operations because they did not adjust their SL.But, honestly, it is not a perfect solution either.If you operate in larger time frames, a trailing stop can be much more effective.However, you must be careful where to place it, since many put it too close to the current price and end up being taken before the market can really move in their favor.

[kukoC66]

It seems that both approaches have their pros and cons.Do you think there is a point where Breakeven or Trailing Stop become counterproductive?

[NresesnSaTwz12]

Honestly, I don't understand why you give so many laps to this.Moving Breakeven only serves for rookies to feel safe and do not lose confidence in their skills.If you really have a solid strategy, you should trust your analysis and the original level of the SL that you defined at the beginning.The market will not change to accommodate your fears.If you cannot accept that losing is part of the trading, then this is not for you.Trailing Stops are as useless if you don't know how to place them correctly.

[SesSaCuna]

Moving the SL to Breakeven can be a useful tool, but it should not be your only defense line.The key is to use it strategically, not as a panic button.For example, you can move it to Breakeven only after the price has reached an important level, confirming that the market is advancing in your favor.However, you must be aware that this can also limit your potential gains.Everything is a balance, and the real ability is to find that midpoint where you protect your capital without sacrificing your opportunities too much.

[kukoC66]

Thanks for your observations.It makes me reflect on whether I am really using breaking as a "panic button."Maybe I must reevaluate my approach and be more strategic.

[esSox1234]

The problem of many traders is that they want a solution that works in all situations, but that does not exist.Breakeven can be useful in certain scenarios, as in high volatility operations, but in others it can be an obstacle.You should concentrate on building a system that is flexible enough to adapt to different market conditions.Do not obsess with individual tools;Instead, focus on how they are integrated into your general strategy.

[cesstoxxesnes]

Moving the SL to Breakeven is like closing the stable door after the horse has already left.What is the point of ensuring an operation if you are not letting breathe enough to develop?Often, this approach ends up being more harmful than useful.That said, I understand why some traders do it.It gives them mental peace of mind and helps them maintain discipline.But if you want to be profitable in the long term, you need to overcome that mentality to "protect everything."Trading is a game of probabilities, not for certainties.

[kukoC66]

Interesting point.Maybe I am too focused on "mental tranquility" and not enough to maximize the potential of my operations.

[boSon2710]

Trailing Stops are not bad, but they are a tool that many traders use incorrectly.For example, if you place your trailing stop too close to the current price, it is almost certain that the market will take you before you can take advantage of a good trend.On the other hand, if you place it too far, you could be risking more than necessary.It is a difficult balance to achieve, but if you do well, Trailing Stop can help you maximize your profits while you reduce your risks.

[AxruNor1999]

Moving the SL to Breakeven can be a good idea if you know exactly why you do it.But most traders use it because they are afraid of losing money, not because it is a strategic decision.That is the problem.If your decision to move the SL is based on emotions, you are convicted.You must make decisions based on data and analysis, not fear or hope.The market does not care how you feel, so learn to think logically and objectively.

[kukoC66]

You are right, I'm probably letting my emotions influence my decisions.I will work to be more objective and disciplined.

[DesuzcaSar]

The problem with many traders is that they want to "play safely" in an environment that is not safe by nature.Moving the SL to Breakeven may seem a logical solution, but it is often simply an excuse to avoid accepting a loss.Trading is not about avoiding losses;It's about managing them.If you cannot handle the idea of ??losing money, you will never be profitable.Instead of looking for shortcuts such as Breakeven, focus on developing a solid strategy that takes into account the risk and reward.

[Tuorro]

Trailing Stop can be a very useful tool if you know how to use it correctly.For example, you can adjust it according to key market levels, such as supports and resistances, instead of simply establishing it at a fixed distance of the current price.However, do not get carried away by the idea that Trailing Stop is a magical solution.Like any tool, it has its limitations and can fail if you do not use it in the right context.Always keep market conditions before making decisions.

[kukoC66]

Thanks for the suggestion.I will try to adjust the Trailing Stop based on key levels instead of using it mechanically.

[TxesTiSunes55]

Moving the SL to Breakeven can be useful in scalping or day trading strategies, where each PIP counts and volatility can be your worst enemy.But in swing trading or long -term positions, it can be counterproductive.Sometimes, it is better to accept a small loss to stay in a high potential operation.Breakeven can give you short -term peace of mind, but it can also limit your long -term opportunities.

[jesjveszqwz75]

I find it curious how many traders trust the Breakeven or Trailing Stop as if they were the definitive solution.The reality is that none of these tools can guarantee success.They are only complements that must be integrated into a well thought out system.If you do not have a solid strategy, no adjustment in your SL will save you.Instead of obsessing with individual tools, work to understand how they work within the context of your general approach.Trading is not a magical recipe, it is an art.