Q: What does securing the trade mean?
Securing the trade means:
converting the trade from a potential losing trade to a no-loss trade
by moving the stop loss (SL) or managing the contracts after the price moves in your favor.
The method $: the classic securing method, which is moving the stop to the entry point.
When?
After achieving the first target
or
After closing a strong candle above an important level.
How?
Example of a buy:
Entry: 4200
Stop loss: 4185
First target: 4215
- When the price reaches 4215
Move the stop loss from 4185 to 4200.
The trade has become:
no loss
- Either profit or zero exit
- This method is excellent in volatile markets$PAXG

