Have you read Bob Volman's book on price action trading? Might be beneficial since he talks about the advantage Forex traders have in getting larger as the account grows.

You are trading two systems at the same time within one account where they just happen to have the same entry point. The first one has no win/loss ratio advantage so its success is highly dependent upon the winning pct. If you can get this system to a 1:1 ratio (W:L) with 70% winners or a 0.80 ratio with 80% winners, you are much better off using the advantages of Forex sizing to grow your account and forget about the second system (what you do after the first half off).

The winning pct and win/loss ratio are an inverse relationship. You either make the sacrifice of having many small losses to get to the bigger winners (i.e., lower winning pct, higher W/L ratio) or have larger losses per losing trade relative to the size of the winners but the winning frequency overcomes them (i.e., higher winning pct, lower W/L ratio). People who use the 1/2 off approach are attempting to become successful with TWO TRADING SYSTEMS (1st system is the latter, 2nd system is the former). What happens in the majority of cases (in my 10 years of full-time futures trading experience) is that the beginning to intermediate trader is blissfully unaware of these mathematical certitudes so what happens is that one of the systems is actually a losing system. The mind doesn't want to accept this until it's too late.

The moral of the trading story is to be really, really good at trading one system, not two, because at least you don't put yourself at a mathematical disadvantage right from the start. That is, willing to risk your greatest amount in a trade at the beginning when you can be 100% wrong (and have to take a full loss on two systems) but then becoming less sure of your future success (by taking money risk off) when the trade is working in your favor makes very little mathematical or common sense. It only makes sense to your emotions because one of the two systems worked out and the 2nd system feels like it's a "free ride". It's not. I never thought of this as an advanced concept but, given the amount of people who refuse to believe this, apparently, it is.

The simple advice summary is to go all-in / all-out for a trade. Your brain will pick up WAY before you come anywhere near blowing out your account that something is not right with your entry / exit techniques and you have time to rethink.

I don't post much and I don't do the PM thing. But I do know why most people fail at trading, given they've got the basic commitment to not "freak out" with what they're trying to do in the first place. The above is #1 on the list. I have met absolute human robot types in trading with unmatched discipline. But THIS is why even they can't make it.

Volman is a very sharp cookie. At least accept his opinion and you will be well on your way.

Good luck.

Added note:

It's fine to have different setups which offer different long-term stats and go all-in / all-out with each one. What I said above is that you do not want to have the same entry for multiple systems. Go with one setup at a time. Your brain likes that.

[Volman is a super lucid read as compared to Brooks.]

I'm sure there are plenty of traders who can scale out quick and move the stop to BE. Don't get me wrong, I am not absolute and am just trying to figure out what works best for me.

I don't know about you or other traders, I am wrong a lot and a lot of those losers don't even go my way at all. Therefor if the majority of my winning trades go 1xR but come back and hit BE and the majority of my losers lose right away with both contracts, then the math is wrong. Most of my losers lose right away without the 1st target being hit. Its all about the larger initial risk. The backbone of my trading is catching swings and taking 1 off at 1R did not really help me it just made my initial risk a lot more. I consider myself more of a intraday swing trader than a scalper so taking greater initial risk on a trade does not make sense to me anymore.

I am wide open for any suggestions or opinions. My opinions could very well be 100% wrong so I am open to anything.