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How aggressive are people in trying to get to breakeven on a trade?
I use daily cahrts - and i normally try to jump on an obvious existing trend.
Basically if there is any trechnical reason at all for me rasing my SL nearer to breakeven then i take it. (be it a S&R point, a trend line, MA etc)
Im only starting out - so im just wondering what do other people do to get to breakeven on a trade?
(I then use a different indicator to catch up to breakeven to trail for take profit - but this is currently subjective depending on the behaviour of the instrument)
I trade daily charts and psychologically i like to be at breakeven within 2-3 weeks max.
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