Originally Posted by ;
Moving your stoploss to breakeven. This basically means that you set a buy order and a sell order in exactly the same place - when individuals do so, thinking they are right now, it strikes me as bizarre. Also, once you are in a trade the market (and your account balance) doesn't give a shit where you got in, so your breakeven level is irrelevant. I understand the plogical attraction of doing this - I still do it sometimes, though I know I am playing a mental trick on myself instead of improving my general position.