The end of March is almost here and I'm really feeling more confident about paper-trading in this style. I'll have a chance to be at the computer tomorrow as well but I'll be back to the day-job for Wed, April Fools Day.
Nothing really to remark about today, except that I was getting some mis-timed entries and had the discipline to double-down on the trade on four occasions, with all but one of these situations resulting in a gain. Patience is difficult to find when one is down $1.60 per share but I found a way to fight through the urge to "cut and run" and it paid off, for the most part. Discipline, refinement, and patience. These are the things which are my focus right now; necesary to a successful career as a trader.
If I can figure out how, I will do some re-caps and add them to the margin of my blog. Maybe a week-end project...
12 for 13 winners, a 92% success rate. $1.83 per share gain
92% winner, sheesh, what are you waiting for? When are you going live and make some real money?
ReplyDeleteI have to make sure my head is "right," Slot. I also am laying the groundwork for the business side of trading; talking with accountants, state authorities, IRS, etc., in anticipation of going live soon. We'll see how it goes...
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