Sunday, 13 August 2017

Where I'm At Currently

Have been doing some really solid grinding lately, and am really happy with myself.

However, upon reviewing all the pnl's and trading, despite massive improvement, I'm still not quite happy with where I'm at.

Before going through all the reviews, I had intended to increase my size. This certainly makes me less confident.

However, I think it needs to be done. I have been extremely consistent; and it's very important to increase size incrementally rather than all at once.

So currently:
- Sub $3 (somewhat range dependant) is a max of 800 shares, scaled in as 200, 200, 400.
- $3-$10 is a max of 400 shares. Scaled in at 100, 100, 200.

Will change this to:
- Sub $3 a max of 1200 shares, scaled in as 200, 400, 600.
- $3-$10 a max of 600 shares. Scaled in as 100, 200, 300.

It's not ideal as it's a slight change in methodology. But I'm not quite willing to double my size to keep the scaling in the same. Who knows, maybe I will like it.

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