Pondered w/ A last night, what's up with my trading? For a while, I was taking positions approx 1/10 of my account size (meaning, I could take 10 trades/day). As my account grew, I was sticking with that $size. But that allows me to take more than 10 trades. I was prone to keep on trading and sometimes chip away at gains (esp bc later in the morning, is typically nms), just because I have more cash available.
So, I lowered my account ... a good strategy to constrain myself. Always.
And then I traded bigger-ish positions.
This made me nervous, so I took 1/3 off at easier targets.
Today it worked great!
Something else that worked great? Stopping! Not stop loss, but stop trading. Last trade closed at 10:23 and I knew I was done.
Peace!
Nice green day, in/out... go have a day!
