Well, I covered my paper-trade position from yesterday's close with a gain of $1.14 per share. Missed up to an additional $7.00 per share by not sticking with the trade. (the trade was a 4x position, four buy-ins)
Glad to take the winner though, after two days of losses.
A day- job appointment at noon forces me to quit on the markets early today. If I can get back to my desk before closing, I will. But for now, the trading day is over.
Addendum: I was able to trade the last hour and twenty mintues of the day. I added 58.5 cents per share to my earler gains after a 9 for 13 success rate in the afternoon session. I really tried to focus on the momentum and on selling at the least sign of a trade moving against me... trying to use mental stops. This really worked...mostly, it gave me confidence to stay in slightly longer (I felt like I had "insurance.") I kept repeating to myself, "it only costs $5 to click sell" all the time I was in a trade.
12 for 17 winners, 71% success rate. Gain of $1.72 per share.
