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Not to sound arrogant, but all our issues have solutions to them, just re-read what you just wrote and think about what you just wrote.
Try focusing on what is going good for the trade and not what is going wrong, which can take your profits away and that thought alone creates an urge to action, to take profits.
Dude, it is easier said than done, but its one of the things you must over come to become successful.
You can sorta say, it takes time to mature as a trader, just like in life, look back on how you have changed as a person. It just happened when you finally came to terms with the issues. It either happens or it doesn't, its something you cannot force.
I used to that the same problem, taking profits early only to see the market run. Its at the moment when you have the thought of taking profits, is when you need to acknowledge that thought and refrain from acting on it. The next part is tricky, you gotta come to terms with getting stopped out if it happens, and a "could have taken profits" after thought kicks in.
Because if you don't your next trade will be opposite of what you just did, its a revolving door of getting nowhere fast when you do stuff like that.
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I take stop losses no questions asked and embrace the downside risk.
It's the upside risk I have the issues with, again I think due to the need to be right. I've always been a paradox or contradiction, how can I accept being wrong on the downside but not on the upside? LOL
I agree...you're right on, I need to look at the pluses of being on the right side of the trade not the fear of letting a trailed stop get hit. I mean how can you screw up a trade that's in the green right.
As is common with the market and that damn "revolving door", when I'd get the balls to let it run that was always the one that had a big pop and then the trailer was too loose for the range of the pop. I'd give up too much and kick myself for leaving so much on the table. Then the others my stop was too tight on the initial entry to let the trade breathe at all and BOOM, I'm stopped out to the tick low of the swing.
Anyways, enough ramblings from me...thanks again for the insight and help.