"SLHV - STOPLOSS Entry is necessary?"

👉If you follow Trading Insight, you must be familiar with the phrase "SLHV" which means "STOPLOSS ENTRY" or pulling SL and Moving SL to entry...

💗So should you set up STOPLOSS Break Even? Or just set SL and TP... Let's analyze the advantages and disadvantages of setting SLHV.

⚪️Advantages: After getting the profit level (enough conditions), we start setting up SLHV

- Trading psychology will be more stable, reducing pressure on holding orders. Because there will only be break-even or profit orders, not losses

- Limiting the rapid and strong market fluctuations, leading to unwanted SL

- Easily "HOLDING PROFIT" and the profit margin will always be positive and much better.

- You can leisurely hang orders to go out and have fun without having to open the chart or check the chart continuously. (This is a situation that many of you encounter)

⚪️Disadvantages:

- Easily scanned and activated to match the STOPLOSS Break-Even (SLHV) order early

- You may lose opportunities with high profit signals

- Lose transaction fees (For Trading Insight, users will be refunded 100% of the team received and reduce fees at all exchanges to the maximum level)

🔵Moving or pulling SL to entry, i.e. SLHV, is also considered a method, a trading style. Some people are suitable, some are not. But in general, this is a style that tends to be safe. Minimize risks to the maximum level. Therefore, in the trading process, in addition to prioritizing profits, risk management and ensuring the safety of capital are also quite necessary. According to everyone, should SLHV be installed? Or just leave it alone.Let's discuss with Trading Insight guys!