XAUUSD If you are trading and, for example, you have placed three trades, and some of them are in profit, a smart strategy is to set a break-even stop-loss for at least two of them. This means adjusting your stop-loss to your entry point so that if the market reverses, you avoid losses. By doing this, you protect your capital while still allowing room for potential profits. Discipline and smart risk management are key to successful trading.