Hello
Holding on to a winning position and waiting for the stop to hit, and again taking an re-entry after the stop hit may work out well for a system that is positional/swing trading or using higher time frames
On intraday trading with smaller TFs seems to me that we are giving back all we make from good trades, with these kind of trades that should be avoided. One way to do that can be not to trade once a daily target is complete. With BNF if we are up on any day by 80/60 points taking out the profits and calling it a day looks like a good alternative to me,
Today i booked above 10600, then re-entered and holding with a stop of 10555, not convinced it is a wise thing to do, although the system says long, we need not compulsorily be in the trade. How would it work if we just book the profit and stop the intraday trading for the day ?