I wonder if you have ever looked at your trades from just a statistical perspective. Something as simple as looking back at the last 20 trades, and seeing if you either took profit at 1 dollar, or cut the loss at 50 cents, would you have been profitable or not? I of course know you're analyzing every twist and turn, which does have value, especially at important levels, but when you're looking to swing trade, I really do think it has less importance. With you saying that these things usually do end up going the way you thought they would, I wonder if you can put some numbers to that. How much do you have to let it go against you before it turns around, and does in then hit a nice target? I mean 20 cents might be too tight, 1 dollar against you might be too generous, especially if you're only targeting $1-2, but there is probably some number that works better than others. Then if you applied that stop, how often would you be hitting the target? I have actually seen with my own stats that set targets do better. Sure you can often have a winner home run, but this happens on a much smaller win rate where you are often stopped out. I like how with set targets and stops, there are less decisions to be made.