I'm moving away from the 20% p/l target. And I'm moving away from taking off half at the first target.
My trouble has persistently been that big losing days take a bite out of my progress.
New thinking: I need to keep my same loss controls, and build confidence to ride gains longer. I simply need more gains!
Today's approach was smaller size, and go a little farther otm for easier holds, smaller loss potential, bigger gains for successful moves. Today there was a power move on the open that helped me a lot. So I will continue to monitor over time how this is going.
Stellar day!
