DislikedHi Evaluator - I understand how you operate your dynamic stop loss at the beginning of the trade and I understand how you are adding onto your winning trades as you get further signals in the same direction. What I don't understand is how you manage the stop loss of the winning trades as they progress. For instance:
1. You enter a trade and it moves +30
2. Move SL to +3
3. Price continues in the winning direction after a pullback and you receive another signal.
4. You add on another trade and the price moves +30 on that trade so you move the stop...Ignored
Those are not the traditional approach but I really just look for a trend change and at that counter Symphonie Signal....I close the all and trade the new trend.
So, after the first 30 pip move unless I am scared of market price action I just leave them until I close them. I am more concerned with placing the next order than closing them because the focus is always on growth not managing an already in profit order that is running on profit. I worry about them when the trend changes to move against me then I cash them all out and start the process all over.
Hope that answers your question.
Evaluator.:nerd: