How And When To Set BreakEven. Strategy To Move Your Sop Loss And Protect Your Profits.

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Is there such a thing as a risk-free trade?
Yes, if you set your stop loss to breakeven at some point.
Unfortunately, most traders are losing money by doing it at the wrong time.
There's a simple way of protecting your profits before you reach your take profit level.
By applying this risk management technique to manage your trades, even as a beginner, your trading psychology will get better as well as your results.

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Trading Futures and other products on margin carries a high level of risk, and may not be suitable for all investors. Margin is defined as: The trading of securities with money borrowed from a broker. This has the effect of allowing you to trade a larger position in the market than you could otherwise trade based on your account balance. This has the potential effect of magnifying any profit you make from the trade as well as the potential effect of magnifying the loss made on the trade. Therefore, the term ‘high level of risk’ is used to describe ‘Futures Trading”.
Trading Risk Warning: Trading futures and other products on margin carries two primary risks: 1.You have a risk of gaining money every time you take a trade. This is typically referred to as a winning trade. 2.You have a risk of losing money every time you take a trade. This is typically referred to as a losing trade. General Information Customer Caution Notice: Any advice given or implied is General Advice Only. Neither your personal objectives or financial situation or needs have not been taken into consideration. Accordingly, you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Performance Customer Caution Notice: The past performance of this product is not and should not be taken as an indication of future performance. Caution should be exercised in assessing past performance. This product, like all other financial products, is subject to market forces and unpredictable events that may adversely affect future performance. Testimonials Notice: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Additional US Risk Disclosure/ Customer Caution Notices: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades may not have been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.