← Academy
Module 10 · Execution and Discipline

10.2Trade Management

What you will learn
  • ·How to manage an open position
  • ·Why invalidation governs exits
  • ·The difference between management and interference
Core content

Once in a trade:

  • ·monitor structure
  • ·monitor momentum
  • ·respect invalidation
  • ·avoid arbitrary adjustments

Manage the trade according to the plan.

TLHQ insight

Management follows the plan. Interference replaces it.

Example

Moving a stop further away because price approached it is interference, not management.

Examples use historical or illustrative data only. They are not live market signals.

Apply it

Write the exact conditions under which you may adjust a stop or target.

Knowledge check
Check 01 · choice

Widening a stop because price is approaching it is:

Check 02 · truefalse

Invalidation should be respected even if the trade may still recover.

Key takeaways
  • 01Monitor structure and momentum.
  • 02Respect invalidation.
  • 03Adjustments must be predefined.
PreviousNext lesson

Educational content only. Nothing here is financial advice or a recommendation to trade. Trading involves risk of loss, results vary between individuals, and past performance does not indicate future results. Only capital you can afford to lose should be exposed to market risk.