[dandxg]

This is a good subject that is overlooked by many. It's hard to comment in detail without knowing more and I am no expert. It appears you are a discretionary trader. My rule is if you have 3 losing trades in a row you must stop. Reason being you are not in touch with the market. Tues and Wed a 10 tick stop would get blown through easy. I had to pass on a lot of setups in ER2 that required a stop 2 times what I comfortable using. Oh well, that's life and there will be many more. I forget you said it, but it goes like this, ameuters look at reward and pros consider risk.

From an R to R perspective I feel you need to be going for a tleast 2-1 reward to risk with a stop trailed to break even that you need to determine. As you become a better trader you get more intuitive and you may see a reversal coming and over ride that 2-1 and grab 10 ticks instead of waiting for 20. But your new and discipline will make or break you. I know a few traders that are willing to take many small loses and when they win get 4-1 R to R, but their win rate is below 50%. Look up positive expectancy on google, it what really matters.