dotnet, I hear you. Some of the trades today were for $110.00. And the trade went on higher after I got out. But I would rather be sitting with some money than wishing I had. Which has been many times. And the market turns so quickly lately you can't sit on profit waiting for more.
Normally I set a +38% profit and get out n daytrades. 8% pays the fees and 30% to me. I learned that from Nolerman on the OM board. He was helping some traders out with his wisdom and I have to admit singles and doubles are more attainable than Home Runs.
SPY offers you numerous opportunities to enter and exit. You should never worry about getting out too early. I was in a chat room today and the MOD has a 90% success rate. He told the people even he leaves money on the table. And gripes about it. But he banks a lot of wins.
we're never going to be happy with our wins till we say we're happy with the wins. I've got some total losers coming Friday that will tone down today. But over all I'm happy.
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