What made you stop moving your stop-loss further away?

Moving a stop further away as price approaches it is one of the most common habits that turns small losses into large ones. It usually starts with a trade that came back after you moved the stop, which makes the habit feel justified.

If you used to do this and stopped:

• what the trade that changed your mind looked like
• what you do now when price nears your stop
• whether you changed how you place stops in the first place

The stop-loss placement guide explains how to put stops where the trade idea is proven wrong, which makes moving them much harder to justify.