Here is something else I do for example for this week. Let's say you are profitable after M through Thursday. I will take off Friday and just maybe do practice trades on Friday. This is what is going to happen this week. Now if my trades did not work out today, I would try to trade on Friday. The reason for this is I don't want to turn a winning week into a losing week right before the long weekend.
%% Good discovery, almost as good as Columbus ; in the sense of trade equity trend. I took off Columbus day, not because of the bond markets closed LOL\ i simply like to take off every now + then. On investments /really doesn't help; even though OCT spikes [if i get too many wrong LOL] I cut back those on also. Cash metals, cash copper , almost never take off, but do schedule that business around stuff like SPY ,qqq or QLD bench mark market patterns...............................................
I would do the opposite, meaning I would trade tomorrow if I lost today after being profitable up till today - which I am and so far today as well. Although not bigly.
%% Good points\ but he had a better pattern/up P+L m-F. [In other words much better to work 5-6 days than 2] NOt saying you work only 2 days week, or he just works 4-5 days a week]. For him i call his PaPer trading ,work..... I remember don Bright Daytrading Co used to like to mention how few hours a week he worked LOL.And rail against trader aliases that disagreed with him LOL
I don't know if you have "an edge" or not. I do know that paper trades DO NOT take into account market makers, huge/hedge funds, and dark pools. Apples vs oranges concerning paper trading...