fh2k,
I have three rules for moving my stop:
1. If I am up over 1.00 I move my stop to b/e.
2. if I get within pennies of my target I will move my stop to b/e.
3. If the position has tried three or more times to get past a certain number near my target and can't do it.
Other than that I leave my positions go to stop or target. I don't know how right that is, but early in my trading I used to move stops alot and kept getting stopped out, only to see the postion go to target. So I decided to take "thinking" (my weak spot) out of the equation and leave almost all my trades go to stop or target. Now that I work while trading it helps even more for me to trade like this.
Having said all that....If I traded with alot more size and had some of the super low commissions that are out there, I would probably change alittle bit and firgure out a good risk/reward ratio for moving my stops up.
Hope that helps-G