Have you tried cutting your size down? This helped me a lot with overthinking. Conversely, you can scale in and out if it makes sense with your commission structure.
@Learnthings That's what I have been doing. I am down to $1000. Sometimes I go lower to $500 as initial entries. It helps. At the open, I can get anxious and go all-in when a stock is reacting the way I expect.
Got it. Wait for the ideal entries and choose your size based on your risk. For example, if i get in at $1 risking off a $.90 support level, with a $100 risk, 1K shares is the amount. However, if i get in at $.95 i can play 2K shares with the same $ amount of risk.
Have you tried cutting your size down? This helped me a lot with overthinking. Conversely, you can scale in and out if it makes sense with your commission structure.
@Learnthings That's what I have been doing. I am down to $1000. Sometimes I go lower to $500 as initial entries. It helps. At the open, I can get anxious and go all-in when a stock is reacting the way I expect.
Got it. Wait for the ideal entries and choose your size based on your risk. For example, if i get in at $1 risking off a $.90 support level, with a $100 risk, 1K shares is the amount. However, if i get in at $.95 i can play 2K shares with the same $ amount of risk.
this is long....obviously. anyway...its a strtegy i learned from the Tim G DVDs.
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