My loss minimization strategies saved me today. I ended up getting out of FNMA and BIZM with nice little profits for the day. I didn't like L2 on BIZM so I set a stop .10 below the bid and got filled in the $4.48 range. Dropped FNMA partially at open for $1.99 and the rest on a stop at $1.97. I am out of all stocks right now other than FICFD. Took some more profits today, but this one just won't stop rising. I would have held more but I can't use a rolling stop on this one with my broker.
Every trades a winner, and every trades a loser, and the most you can hope for is to die in your sleep.