Learning Review

I also need to improve my management of entry and exit levels.  The latter itself overlaps with stop-loss.  The entry is about being more level than the previous end of day prices - I need to check their Intraday movement to see whether the end of day was a spike or typical of the day's trend.  Then the following day I need to check whether there has been any significant shift in price over night or weekend.  If for example the shift has been up and has taken care of my percentage requirement then don't buy the share unless it falls back e.g. if gap or spike was a temporary blip.

Some days it is better not to trade - better to make no profit and thus no loss then taking a risk on a trade which I am unable to read.  I could only do that a maximum of 2 days in the trading week or up to 9 in the trading month.  Also more able to do that when taken profits earlier in the week, less wise for example to do this on a Monday - but some time that will be unavoidable.  Also if doing this over a month then could say more able to do this end of the month than the start - whichever cycle I work off.

I take on board that I am paper-trading in bearish and volatile possibly catastrophic times and it may be better to watch this out - though at some point I will need to get my toes wet.

I will not be commencing part-time trading at this time as I think I need further learning and experience of managing entry and exits.  I am pleased though with my stock-selection skills to date.  I am at a stage where I will review this decision on a weekly basis.