Moving the stop to the entry price (plus costs) after price has moved a set distance in favor.
How traders use it: Reduces the planned loss to roughly zero after a defined condition, ideally a new structure point, not a feeling.
Common mistake: Moving to breakeven too early, then getting stopped on a normal retest before the move continues.
Related: Trailing stop · Retest
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.