If I get a loss of $ 300 in my trade, I will see my margin level, if my margin level can still hold
floating, I will hold it because I am sure that one day the price will return to my position.
it depends on the lot size of the trade opened if with more than 0.50 lot size I set stop loss and break even and close 70% of the lot size in profit to protect profits and wait for the next support / resistance level to break into getting more profit or keep moving to stop losses in profits....