[Sledge]

I too have been frustrated with my trailing stop being way to tight. The first one I ever tried I was shooting for a 65 pip profit and trailed it with a 15 pip trail overnight.

My 65 target was hit- but when I looked at my account- I had a measly 5 pip profit. Why? Trail was too tight, I didn't give it enough room to run, my target was reasonable and attainable, but fear made me plop that 15 pip trail on a 65 pip target. I left 50 pips on the table that night while I slept.

Best method for me is if you have as an example a 50 pip target- trail it by 30 or 35 pips. GIVE THE TRADE A CHANCE- but be wise in protecting your trade.

If I have read my charts correctly and a 50 pip target is reasonable, I may even put a 40 pip trail on it. Wouldn't you be happy with 40 pips instead of negative pips if your 50 target isn't hit?

Took me quite a while to figure this out- I left bunches of $ on the table as well and beat myself up about it until I found what worked for me.

Hope this helps!
Sledge