Who this is for — Anyone touching the mouse every candle. Active management ≠ panic: procedural interventions defined upfront, not tick reactions.
Active management modifies stops, targets, or size after entry per if-then rules in the playbook. Opposite to passive management (set-and-forget), but equally non-discretionary.
In plain terms — Plan B and C written before — executed without anxiety when the trigger fires.
Trigger examples
| Scenario | Rule |
|---|---|
| Acceleration | |
| Compression | 5 flat candles on Y → close in small profit |
| Trailing |
Every intervention = observable condition, not «it seems to be slowing».
Hidden cost
Active management trims distribution tails: fewer full stops, but also fewer home runs. Needs profit factor that justifies giving up outliers.
Typical mistake — Emotional micro-management disguised as «active management» — moving stop from fear is not in the playbook.
Example — TP1 50% at H1 resistance, BE on runner; no mouse until documented trigger.
Summary card
- Requirement: triggers written pre-trade.
- Vs passive: more interventions, same non-discretion.
- Review: deviation tags vs rules.
Silver path — Position management module. Index: Silver path.