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July 5th, 2006 by eyal | Filed under Day Trading. |
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Took 3 shorts today: ATHR which stopped me out before proceeding downwards for a high-ish -1.2R due to slippage. MRVL and TRID closed at +1.5R so net P&L for today is a small +0.3R.
I’m keeping position sizes relatively small since I’m finding it a challenge to focus on trading in a consistent manner as I’ve done in Jan to May. As I mentioned in a response to a pervious comment, I rather keep on trading, at reduced size and at sub-optimal way than to not trade at all for a prolonged period of time. The cost of getting back on track from zero trading is IMHO higher than trading on a less than optimal level.
