Hi Ninja, I have done a lot of simulation on a strategy that sells 50% in order to maintain breakeven, and I have found time and again that the strategy is flawed (not saying that yours is!!). My findings were that statistically, the number of trades that hit the 1st target and then pulled back towards the stoploss were usually less than 20%. The remaining 80% of trades either hit the second target or were stopped out before hitting T1 (this was for a range of studies). What this means, is that assume 50% success ratio for 1st target (T1) - then your success ratio for T2 is usually around 40%, i.e. only 10% fail. So if you are cutting your holdings at T1, then you are actually significantly diminishing your returns, since the potential for T2, at that point, is usually in excess of 70% and significantly outways the potential for a stop.