Thks for the sharing, I tend to cut half off and move the rest to BE level, for me it feel much better cos at least I still have some pips
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No worry, just different approach
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
No worry, just different approach
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
DislikedEric,
Thanks for your reply.
My Win Rate is about 65% and I am expermenting different money management techniques in terms of Risk/Reward, such as taking half off once price is 7 pips in profit and instead of moving stop loss to break even, I set it to -7 pips. As I observed lot of time price retrace to atleast 50 to 60 percent of previous candle (which is one's entry point) considering spread and slippage. This technique gives our entry little breather and chance for big runner. If price come back and hit our stop loss then still its a breakeven...Ignored