[isatrader]

I only use 2% per trade of my total account as risk on each trade. I am quite careful with money management and certainly not risking money that I cannot afford or that will wipe my account. it is just the daily fluctuations of profit swinging from high, to low,to loss and back to profit. Just wondered if it was simply a case me being told to 'stop checking your account so often' :-)

Oh ok, I guess the way you explained it just confused me, and made me think you were over extending yourself. 2% is the standard risk that gets touted on various sites and books etc, but it's a maximum amount, and ideally you should be at 0.5% or under if possible depending on account size imo.

To your question, it's very hard not to keep checking your position, especially if you are risking more than you are comfortable with. But if you find a trade size you are comfortable with, you will find it easier not to look all the time, and then it simply takes time to get used to not micro managing a trade.

There's no harm in checking in on your trades during the day as long as you have a plan for the trade in the first place before you open it. The trader method gives you various entry points and the initial stop loss positioning and guidance on raising it as the trade develops, but exiting the trade has a bit more discretion involved and hence why you need a plan before you take the trade of what you will do in various different scenarios that can happen. So the more prepared you are for each trade, the less likely you will be to interfere with it imo.

A journal is a good method of enforcing a plan on your trades, as it helps you to plan, as well as analysing your trades when once they are closed.