Does anyone have any tips on not micromanaging trades, set and forget or sit on hands and watch? I can typically see the larger target, but I end up taking the smaller target getting caught up on the one minute (sometimes I have to depending on the setup) and all the ups and downs. I find myself wanting to trail and lock profits in or often once prices moves a few points bring to break even(bad habit). I know the simple answer is just sit on my hands. Maybe I’ve answered my own question; any insight would be greatly appreciated. Thanks in advance for the input.

teamtc247 

Does anyone have any tips on not micromanaging trades, set and forget or sit on hands and watch? I can typically see the larger target, but I end up taking the smaller target getting caught up on the one minute (sometimes I have to depending on the setup) and all the ups and downs. I find myself wanting to trail and lock profits in or often once prices moves a few points bring to break even(bad habit). I know the simple answer is just sit on my hands. Maybe I’ve answered my own question; any insight would be greatly appreciated. Thanks in advance for the input.

Use order flow that's the only way other wise you are guessing
Unless you use a trailing stop which tends to be late

Trade a bigger time frame/chart and a smaller size. Trade "I don't care" size.

Mike

Big Mike 

Trade a bigger time frame/chart and a smaller size. Trade "I don't care" size. Mike

I typically time on a smaller time frame a one minute and look for my areas of entry and exit on a larger time frame say 5,15, and 60. So essentially I should just be sitting on my hands not getting caught up in the ebb and flow of the one minute chart.

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Mike

When I ever I switch to leave it on, like all runs will go 50+ pips then I find all my trades get to +10 or even +20 then go back to the SL.

I take either on other side of the range, or on quick extensions which likely reverse.

The fact of the matter is, very few trades run more than 10-20pips these days, take what on offer and say thanks and repeat.



shame a bunch of 50+ runs would be just what the doctor ordered!

For the most part I get it. It's just me. I guess this was just one of those dumb questions. I was looking for the magic answer lol. It's crazy because I think new traders or doubtful traders are looking for the magic Kool aid. Just taking the lickens and learn from them is the only way. I need to stop doubting. @Big Mike Thanks for the reply.

not sure what you are trading and trade size, but one way some traders deal with this is to take partial profits on a smaller time frame, and leave the rest for the larger time frame.

You have to test this over a large sample size to see if it is effective for you.

kickmic 

not sure what you are trading and trade size, but one way some traders deal with this is to take partial profits on a smaller time frame, and leave the rest for the larger time frame. You have to test this over a large sample size to see if it is effective for you.

Trading one car. I will increase increments for every 5k.