With a busy Day-Job schedule and errands that have been neglected, I wasn't able to get into the market and paper-trade until late this afternoon. At 3:23, I made my first trade and then made 11 more before the close; 12 in total.I dollar cost averaged in on three separate positions on SRS. This required four entries on the first position, two entries on the second, and 6 entries on the third. To this point, I've been considering each buy-in as a separate trade even when it is a "double-down" (dollar cost average)on a single position. For this reason, when the final close of the position is a winner, I have been comparing that exit price to every entry to decide whether each was a winner or loser. This allows me to evaluate all trades on their own merit, in addition to the final close. I will continue to do this, I see no reason to lie to myself. So, although each of the three positions were closed for gains, not each entry was a winner based on entry & exit price. Basically, I average in to cover my butt when the position continues against me, not as a "strategy!" Although, it does seem to work...
9 for 12 winners, a 75% success rate. $2.78 per share gain.
