it is a balancing act. Most important is to restrict the losses and preserve the capital. My mantra has been its not about making money but to avoid losses. It is an ocean out there. You will have ample opportunities. do not try and force trades. Put all your analysis and efforts in finding the right trades. You should have the right reasons before pressing that button. Once you are in, then trade management will come into play. Do not just take a trade. You should remember till much later why you took that particular trade. It will make or lose money but reasoning should be right.
Prepare, Persevere and Prevail