Once a trade is put on, give it time to work; give it time to insulate itself from random noise; give it time for others to see the merit of what you saw earlier than they did. “Set and Forget” is a great way of managing trades because it helps to remove the emotions that often encourage traders to exit trades too early. What is “Set and Forget”? Open a trade, put in your stop loss and target, and then leave it alone. If your stops are targets are in the right place, then the noise and erratic market behaviour will cease to be a problem.
