I figured since this was paper trading I might as well try an experiment - playing morning pull backs. I was using the wrong time frame (1 min) on the first attempt and jumped the gun. I panicked when it pulled back and looked like it might jump up again and sold too quickly. If I had waited a half hour it would have dropped back, but not a good practice. about -$200. On the second attempt I was using a 2min. time frame and it was much easier to judge the lower highs and lower lows. about +160 An experiment in progress. Even if it doesn't turn out to be a viable play it's definitely going to help me time my pullbacks which is good because I've not been good timing them.
Execution detail:
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