Do you find that you make most of your money in the first and last hour of the day or do you make it evenly during the day? What about a day like today with Bernake talking, market has gone up al lot already and is pretty much marking time, do you just sit back and wait till he is through.
I only trade the first 1 - 2 hours, after this time you can get chopped up a lot and give back everything that you have made. If I have an open position, then I will just place a trailing stop and leave it, if it gets hit, OK and if it does not, then I will get a windfall profit.