[sweetpip]

Originally Posted by FerruFx

Never move your stop loss ... unless in the right direction (in your favour!).

Again, this is D-I-S-C-I-P-L-I-N-E.

Stop-Loss help traders control risk by capping losses.. So it's not good to take the risks on moving extensions..

The general rule is to be discipline! Discipline includes hitting your stops and not following the temptation to stay with a losing position that has gone through your Stop-Loss level.