Not possible, as far as I know. It is a select
and move tool, not a select
then move tool.
Make sure you're not moving the mouse when you select, and ensure snaps (especially Grid Snaps) are off. Or area-select the object rather than clicking it.
Max 2016 (SP1/EXT1)
Win7Pro x64 (SP1). i5-3570K @ 4.4GHz, 8Gb Ram, DX11.
nVidia GTX760 (2GB) (Driver 430.86).