Hi! I just posted this on another thread, but maybe it'll help you too.
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With my little ones, I put them to bed at a set time or when I can tell they are tired. I tell them it's bedtime (or naptime) and they can't get up. After doing our bedtime routine (which has varied from child to child), I then sit next to the bed and read a book (my own book) until they fall asleep (usually 20-30 minutes). If it's dark, sometimes I'll sit just outside the bedroom door with the door cracked so they know I'm keeping an eye on them. I don't talk to them unless they try to get up. Then I lay them down (without doing the routine again) and remind them it's bedtime and they need to close their eyes and go to sleep. Little ones will usually close their eyes and fall asleep faster if you're there watching them, as long as you're not engaging with them. This even worked when my Irish twins were 1 and 2 and sharing a room.
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Your little one might be a little young for the laying in bed, closing her eyes thing. But if she's still in a crib, you should be able to lay her down in it and then sit across the room to read. I wouldn't pay much attention if she moves around in the crib, and I wouldn't give her a lot of attention if she's trying to get yours. :) If you engage her while you're trying to get her to sleep, it's probably not going to happen. The most I'd come to engaging her would be to pat her softly on the back. I would NOT pick her up or talk to her except to tell her to she needs to lay down and go to sleep. Some soft music might help too if you want to try it. Chances are, if you make her stop running around and playing she's going to go to sleep. And everyone will be happier if she gets the sleep she needs.
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By the way, I only stay in their room to read during that toddler stage when they want to get up every time you turn around. Once I feel confident they know how it works and I'm not having problems with them getting up, I just put them to bed and expect them to stay there.
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Hope that helps!