Here's a could of posts I just put up to the day trade thread that some might beefit from in the STT room..
-----------
Personally I use the off-times like this in the market to go back and review the positions I held and critique in detail what I did as opposed to I should have done to fine tune my trading skills... I programmatically back test different entry and stop regimes against the positions I took to optimise. I up upgrade my systems, research Fa on stocks and research new TA techniques and attempt to ID tomorrows Hero stocks now...
Difference between ordinary results and magnificent results in the next bull leg of the market can be decided to a large degree in the slow markets time like now...RE-arm and energise while you have the time to scratch yourself. Boxers will tell you the fight is not won in the ring but with the before the match training...
------
Oh .. its also important to have a Goal...
Mine it to pick at least 100 ...25%+ percentage winners (Long position or Short positions) in 12 months which for me is 22 Jan 2013 next year... So with a "very poor" 18 so far so I need to "lift my game" as it stands right now.
However if you can time the market right you could pick 20 of these in a week or two... ie pick em right at or close to market bottom for longhs and Top for shorts.
Set the bar high people...don't settle for mediocrity as mediocrity will not "Free" you from working for someone else...
