Hello all, Was referred here by a few friends who have been trading for a very long time. I've been trading stocks for a little while now and have recently gotten into Forex, because I like the challenge, the technical analysis and the pace of it all. I've read a book on Forex and played around with a practice account for a few months and have been getting my feet wet trading live for the past few months. I've had a good amount of good trades, and a decent amount of bad ones as well. Overall, I've done ok. But the one thing that has been getting me in trouble is trading discipline. And by that I mean, when I look over the results of bad trades that I had made, I let my losing trades run for too long before I closed my position, making it so that in some cases, my losses from one bad trade might be larger than 2 or 3 winning trades. I guess my question is, how much leeway do you pros generally allow in your trades before cut the cord on it? Obviously, there needs to be a decent amount of leeway to handle the swings on the way toward a winning trade, but I tend to get screwed when I convince myself that a 25 pip loss is just a "swing" on it's way back to my winning trade Some background on how I trade, for those of you interested... I'm not rich so I am trading with a mini account and I generally only move 1 or 2 lots of 10,000 at a time. I almost always open positions with an OCO attached and sometimes when I get a winning trade I'll just set a trailing stop and run with it. I still haven't figured out entirely if I'm a longer term or medium term type trader, but so far I generally only hold my positions for a few hours, however I'm starting to lean toward holding them a bit longer. I generally only trade USD/JPY and EUR/USD mainly due to the tight spreads. Probably way too much information. Thanks in advance for you help!!