JCOM traded to a new high today. It is not yet a top alpha stock, but I noticed it from a Cyberquant scan that I have set up. Today would have been my best day so far if I were not in "minimum trading mode." It sucks when you have a 10R day and all of your R's are about 50% of what they normally are. Damn. Anyway, I'll take what I can get.
But it is an important lesson to think about and I should write it down so I don't forget it. When trading very carefully, you can still make money while the risk of a big loss is greatly reduced. When not trading carefully, you can still make money but the risk of a big loss is greater. What I mean to say is that even when trading very carefully, a bull market is not going to run away without you. Sometimes I trade less carefully because I am afraid of missing an opportunity. Today I could see that being careful did not result in missed profits.
My winners were JCOM, HANS and AKAM: