My morning day-job appt was a bust so I had a chance to sit in front of the mkt for the entire day and I truly enjoyed getting back to paper-trading. Not a bad day for me, had some early success with my first four trades, averaged my buy price down on the next two but bailed out on them too early; both went on to what would have been nice gains. I find that when I double-down for a better price, I often try to escape with a modest gain, even though my gut, experience, and action of doubling up indicate a nice run is expected. It is a curious habit and proves that fear is alive and well inside my head. I've done it about 6 or 8 times over the past weeks and each time escaped with a very small gain or a small loss. The fills are hit or miss for profits on the sale even though I always show a gain when I pull the trigger. I must condition myself to wait and trust my "gut."The rest of the day was quite fun and I was in early on a number of nice moves but bailed early; decent gains but fairly small ppercentages of the entire move. This is something I must fix but it is a great problem to have, as problems go; I won't beat myself up too badly. I just looked over at my SKF chart as I'm typing and saw a great entry... at the 3:00 pm candle, but I am done for the day. Yup, over a dollar per share available so far on that move... it appears I quit too soon!
13 for 19 winners; a 68% success rate. $2.62 per share gain.
