Hey guys,
I decided to experiment with futures a month ago. I’m using NT8 (Web) and I really like trading from the charts along with their ATM feature. I have both a live and demo account, but because I’m still feeling my way along, I’ve only traded through the demo. Anyway, I’m struggling to determine how to handle risk management. At first I used a 6 tick sl and an 8 tick tp and my account was green after my 1st week. Then one night I read about configuring a trailing sl and I thought it was an awesome idea. I think I first set the profit target to 5 with a 2 tick stop loss. After a handful of trades, I was soon in the red. Since then, I’ve tinkered with various R:R and such, and while a tsl has been beneficial at times, currently, and overall, my losses have been greater than my profits.
Additionally, as I gain experience, I am trying to determine if I am going to just take a 2 point profit and look for the next trade, or am I going to look for larger moves (With a greater hold time and possibly large drawdowns). So, just looking for some opinions from seasoned traders here. BTW, my intention is to just make a couple of intraday trades per day, not to necessarily help pay the bills, but it sure would be nice to 
