The "Breakeven Lock" Psychological Mirage?

Is moving your stop to Breakeven after +10 pips actually risk management, or just cowardice?

It feels great telling yourself 'this trade is completely risk-free now.' But if price routinely retraces 12 pips before running 100 pips to your target, you are getting chopped out of winning trends for zero gain. How many pips in profit do you wait before touching your SL?