DislikedMany old-school traders like myself would suggest that you shouldn't enter a position at all unless you first have a target in mind, otherwise you couldn't have analysed the risk:reward ratio which is essential for choosing which trades are worthwhile and which are not.Ignored
Holding onto a target negatively effects your profit rate, but that said could still be better off aiming for your target and setting and forgetting.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!