Someone asked when do I close a trade. Because my trading style works only for the very short term, I look at closing my position if it goes beyond an hour. If it breaks my line then kind of hangs around it ranging back and forth for more than an hour not really going anywhere, I close it even if I lose a few pips. I close them near news releases also if it is a major one. It is very, very seldom that I close my trades.
Discipline will take you where luck can't.