I managed to move stop 3 times. Fourth stop is based on target as per definition of a double top pattern.
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Well – fourth stop has been hit and that's it. I'm not surprised as there was a resistance level at 15820.
If it continued my way I would have moved stops to lower highs as long as it goes. I guess that's the best way to 'run the profit' and avoid emotions (greed and fear). Sometimes I use fib levels, pivot points, significant support and resistance levels or in this case I followed the pattern target as a stop.
I would use trailing stops only if I can't be bothered to follow the trade. From my experience they are usually hit sooner compared to closely followed trades.