The last couple of weeks saw me "update" my whole trading plan. I do one every year, and am amazed at how much they evolve over time.
Your points are spot on.
Pennies add up over time. Dollars are lost very quickly trying to chase "the next big thing".
Patience and waiting for the right entry is key. If the right entry doesn't appear, then move on to something else or wait for the retrace. Planning the exit is even more important.
Don't get all emotionally charged and rush to get in. If you miss the opportunity there'll be another one just around the corner.
