after six hours my trade is only 5 pips profit, should I close it or wait?

@lawanf - 10 hours ago - Risk Management

So yeah, I opened a trade today and after 6 hours of waiting the market has moved just 5 pips in my favor. Big question is do I close it and exit with 5 pips profit, or do I hold on and hope the market picks up steam?

@ozgal_galzo - 10 hours ago

If a new session is about to start, then I would rather take profit and exit because new sessions have the tendency to reverse the previous direction suddenly.

@headies25284 - 10 hours ago

Well, i think the session you entered the market is important. If the pair you executed moves more during the New York session, i will advise you leave the trade and let it run but if not you can close.

@robert_sondreli - 9 hours ago

Check your economic calendar to be sure the market is not expecting some important news release, as that could be the reason for the sluggish price movement.

@george_kramer - 5 hours ago

Since the trade is in profit, I think you just need to sit on your hands and wait.