I just started reading Trading in the Zone by Douglas. Hopefully I will gain at least some insight into some of my issues...
Apart from the good advice re cutting losses, you problem stems from the classic error. You do what most humans insticntively do - fear that profits will taken away from you and hope that losses will magically dissapear. One of the hardest things to do in trading is to learn to hate to take a profit and love to take a loss because it is so contrary to most peoples upbrining. In the end, you start to notice that the difficulty is not with the markets, it's with ourselves. I'll tell you more if you're interested, if not, no worries, have a good one. Lovely sunny day here at the seaside