• Similarly, for a short position that has become very profitable, you may move your stop-buy order from loss to the profit zone in order to protect your gain.

    FORBES: How To Place Orders With A Forex Broker

  • For a long position that has become very profitable, you may move your stop-sell order from the loss to the profit zone to safeguard against the chance of realizing a loss in case your trade does not reach your specified profit objective, and the market turns against your trade.

    FORBES: How To Place Orders With A Forex Broker

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