ALGT Reddit Mentions | ChartExchange

I have a number of stocks identified that follow observable, repeatable patterns that I hit for some of my base wins (GNRC hurricane season, ALGT annual vaca buys hitting revenue, etc) and then for the daily stuff I have built up a list of high priced stocks that exhibit fairly high daily swings. Most will go through multiple cycles during the day that provide opportunities to jump in and make what I'm looking for (just a couple hundred per trade). The opportunities are there whether the market is up or down - and you just need to watch the volume and momentum signals. ALWAYS have an exit plan and stick to it. I'm using TOS on Schwab (also using IBKR) and enter my buys with a tight OCO pair, which will either scrape the small gain I want, or kick me out if I hit about the same amount on the negative side. I'll spend the night before narrowing down which stocks I'll begin with, based on recent news, hot market sectors, proximity to earnings dates, etc. If things look good I may hit the same stock 2-3 times in a day, or just work down my nightly research list as I see opportunities come up. I never trade before 10am (have gotten screwed too many times on trades in the opening half hour of chaos). As I mentioned, when I hit $1000 I will shut it down for the day. There are days that things go well and the total is much better than that by the time I close out any remaining open orders, but as others have said - I stay as unemotional as possible, and stick to my plan. Yes, I can increase what I'm making, but I have also found that when I get greedy I often get caught in momentum swings that wipe out my gain, and had I just stuck to my plan I would have been out long before things got painful.
Right now I am coding what I do, and hope to have something ready by March to automate my daily trading efforts. Doing this will give me more time to research/plan the longer term trades I also make.
I would suggest reading any/all of the trading books mentioned on any of these discussions, and build your base of knowledge constantly. Most importantly, follow the old advice of never trading with money you can't afford to lose. Finally, as you begin to see success - make sure you are tracking and setting aside what you'll need for the IRS. Nothing is more painful than getting to the EOY, and realizing you need to come up with $100K+ to settle your tax bill - and it is tied up in the market or already spent.
Good luck!