Smarter Ways to Manage Trades
Happy Tuesday! Let’s talk about something every trader faces: how to manage your trades when things don’t go exactly as planned—even when using a solid system like Sonic.
📈 The Setup: E-Mini S&P Long Signal
This morning, I got a long signal from the Sonic system on the E-Mini S&P. I entered with one contract, targeting 5574.25—a level clearly marked by Sonic.
🚨 Quick heads-up:
Trading carries risk. Never use money you can’t afford to lose. And if you’re just getting started, practice in simulation or with micros first. It’s the smart move.
😬 The Challenge: Target Hit… But No Fill?
The market hit my target price—but I didn’t get filled. That can be frustrating. Here’s where trade management really matters.
👉 Pro Tip:
If your limit order is touched but not filled, and price comes back to that level again—don’t wait. Close the position.
Why? Because the market often retests previous levels, especially early in the session. And if it’s struggling to break through, don’t let a winning trade become a loser.
In this case, the order filled shortly after. But the takeaway is key: you’ve got to be ready to act.
🧠 Using Sonic the Right Way
The Sonic Indicator is built for NinjaTrader and TradingView—a powerful tool for anyone serious about trading pure price action, not noisy indicators.
Want to learn how to use it properly?
- 📹 Subscribe to the DayTradeToWin YouTube channel
- 🌐 Visit daytradetowin.com
- 🎓 Get started with a free member account for trial access to tools like the ABC software
- 🚀 Ready for full immersion? Join the Accelerated Mentorship Program and gain instant access to all our strategies and software
That’s it for today’s trade recap.
Keep practicing, trust your tools, and manage those exits like a pro.
See you in the next class!