Once trade is entered, I would say wait for stop loss to be taken out OR IF YOU FEEL IT NOT GOOD, GO FLAT ASAP. I said this because trading is naturally risky and a losing business....If the trade proved to be good, then the trade now should be breakeven. Once the trade is profitable, bring the stop loss closer to make sure the profit is protected. Not only that, my TRADING MIND is protected from emotional worry. I can see and think clearly.
