You always say it's best to learn from the mistakes of others. From what I've seen others who try to be in every single move usually fail. Maybe there are some out there who can do it, but the ones I've seen that are successful are very patient and only take the very best setups. When you exit a trade you aren't really exiting based on a setup which justifies going in the opposite direction. In fact your exit will most likely leave profits on the table, as even some of the very best traders I've read about always note that they wish they could work on letting their profits run.
Difficult to develop the discipline to wait for the very best set ups, but good if you can and will defo affect your P&L. I think it's not a bad idea to go out for some fresh air if you've just banked a large profit, clear your head before you start putting it back on the table...
Personally, I watch 6 different instruments each day and pick the best setup to play 3 to 6 times/day.
Question for TE. On the site that shall be nameless you had a discussion of H-L, C-O and the opening gap. There was brief mention of H-L, C-O and the opening gap this earlier in this thread, by RN if I recall correctly, who gave numbers without naming those terms, in response to a chart you posted. I never did grasp what the purpose was. As an illustration the picture shown is typical, but the lower plot shows C-O and opening gap as a % of H-L. So what were you getting at?
Paging Jack Hersey...step up to the plate bud. Walk the walk now, sir. Didn't trade but the last 8 minutes today. Had some stuff to take care of this morning. Looks like I missed out but profit is better than nothing. +$505 in 2 days. Not great but not bad.
Speaking of inspiration, that bloke on UK Big Brother who was in the Army and lost BOTH his legs is amazing, he's only bloody dancing on national TV... Anything is possible if you put your mind to it...