Risk Reward Ratio

The last week was a good one.

I am up in pips, confidence and consistency. Thanks to everyone who's helping me :) I love it!

However as I'm glancing through my trade journal I found out that my losses are still high as compared to my wins. It's because I tend to take out portions of the profits as it goes up to hit my target. I guess there's nothing wrong with that but it screws up the initial Risk/Reward ratio.

I spend some time thinking about why this is so and I think and come to the conclusion: my trade pschology.

Im too chicken to let the trade ride out hit the target

With some practice, I'm getting there... I believe this could be the last peace of the puzzle before I start trading mini lots!