Trading reflects your personality. Also, trading can alter your personality.  Beginners should try to work on their personality before trading affects them. Try to develop a system with stoplosses, targets, entries and signals which suits your personality.  One can book partial profits and wait with the rest for the long haul.  Some like to scalp. Some just dig their heels in and wait.  How did I set the target? Find the nearest closes.  Put the limit order slightly above it.  Increases chances of getting filled.