daytrading june 13 afternoon, page-15

Meme, all's well with Mrs HLL, thanks. I seem to break several of the rules they teach in Trading 101 but only on an intraday basis. I rarely hold a falling knife overnight unless like BTR the other day the odds of a rebound appear very strong. Doubling down is a terrible long-term strategy but it can get you out of a hole intraday if you have the discipline to use it mainly as a way of curbing losses/getting back to break-even. If I've doubled down I aim to sell half as soon as the price hits break-even. Often turns out I should have sold the lot. Wasn't disciplined this morning - sold half PRY at 4.87, missed exit op in SKE. Shoddy work.