During trading, even a novice trader has a desire to protect their profits from the risk of loss in case of an opposite market movement. But to determine the point when it is necessary to take profits on the market is quite difficult – the market can move both further up and turn in the other direction. But in this case, the trader has two options: close the deal with profit and open a new one so that it works in case the market moves further with the protective stop set at a level that the trader can tolerate to lose, or use a floating stop to save at least part of the profits. The logic is enclosed in both. However, when using the method of opening a second transaction, the trader gives part of the funds as a commission, and when using a floating level of fixing the loss (that is, the profit value is less than the maximum reached), the transaction remains and costs are not charged. What then is the method of applying a floating loss fixation level? This is a way to move a stop loss order – the technical level of loss fixation. At the conclusion of the transaction, the trader sets the levels of stop-loss and take-profit. They are designed to ensure that profits are fixed if the price reaches the desired level that fits with the analyst’s forecasts, and to protect the trading account from too much capital loss. Every trader can use a floating order to stop a position, but not all use this technique due to lack of information – not many publications on stock trading indicate this possibility. You can use a floating level of profit taking by moving the established level in case of a loss fixation to the breakeven trading area, and then higher in order to reduce the risk of loss of potential profit. In this case, the already earned profit, or rather its part remains on the account, even if the order to stop the transaction is triggered. In order to move the loss fixation level to the profit-taking zone, it’s enough to open an open transaction with the right mouse button in the trading terminal and select the option to modify the order. At the same time, it will be possible not only to shift the protective line, but also to modify the take profit order, if the analyst has revised his views on the market and the potential point reached by the market moves down or up, then the level of profit taking can be moved in the same direction . Using the method of modifying an order, you can not only protect your capital by moving the stop loss to breakeven, but also protect a part of the profit you have already received by shifting it further and further, following the price.

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