Example
1. 1. Find a trend- 2. Find a good stop3. Find a target -4. make sure you have a good RRR 5. Only trade in tradable times.6. Find a trigger7. Put on your trade and take your chances. 8. Set and forget
Example 2.
One of my edges is EMA200 (15m 1h 4h day). I like to dance with it.
and so on. IMHO the only difference between the two above is the rules you apply and follow when executing. I think you'd agree that sometimes it's easier to set and forget than sometimes "set but later on go in for a peak, and since you're getting close to the sl you placed move it a few pips cause the market has got to turn around, especially when you're new and don't know, "no it doesn't"
Nobody ever went broke closing a trade in profit