DislikedI'd love to get one of the more advanced practitioners of James16 to answer this question on trade management.
At what point do you say, "I'm going to let this run" or "It's not going to do anything, break-even is fine".Ignored
To me the point i want to be out of the trade if goes against me is actually where i put the SL, not a pip before that. I take my time calculating how much money is that and set my mind that im ok losing that if everything goes wrong. That usually aplies also when the trade has been positive and back to negative, sometimes takes more than 1 day, i dont mind leting open trades overnight, some people dont like it.
hope my opinion help you