It helps a lot. Thanks.
The part about the ego is so true. I had just finished taking 4 small profits in the morning and was sitting on 1,300 in profits in under 5 days when I decided I wanted a bigger size since I was a "genius". LOL!
My focus is still Microcaps too but am trying to supplement with some day trading. Especially right now while the penny market is so slow.
I have seen the 60% quote before. In this type of trading even a lower percentage might do it since cutting losses as small amounts and letting runners run is the name of the game.
I have been the opposite. Probably closer to 80% success rate but since I went big on a couple and didn't cut the losses small, I am sitting barely above break even.
What I have not seen yet, is a stock that continues to make gains all day long. So far, mostly up big in the morning, sell off, small bump mid day, and then by the time the market closes, they are hitting new lows and volume is almost non-existent.
Thanks for sharing and continued success to you!
