Eliminating risk at a quick or slow pace by moving stop up by a tick or two as price moves sideways, up or down. Rather than overcrowd a trade I prefer to tick up at a steady pace as the dynamics of a trade continue to change. I do this until I've made a decision on what I'm going to do with the trade. One thing to notice is that I mentioned tick up and make no mention of tick down or expanding risk.
FULL RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.