I used to think the practice of scaling in and out of positions was just something people did to make themselves look experienced or make themselves feel good about a trade. I now know why the rules are put in place. They're not here to look flashy, they're here to help and guide you. 

Today I traded MYOS when I saw it was trading well above average volume on a news catalyst slightly above where it closed yesterday. I saw the opportunity to jump in at 1.19 but then I decided instead of going full size right away like I normally do, why not get a starter size and scale in. So I bought some at 1.19 then added at about 1.16 and went full size at 1.11. The intraday bottom bounce was consistent at 1.10 so I had to go full size there as it made the most sense. Then I scaled out of my position as the stock ran up to 1.56 and lost steam. I took 40% of my position off the table here and then MYOS retested the 1.40. Apparently it feels great to lock in some gains on key weakness signals. Just in case1.56 was the top, I've already made some gains and can not lose on the trade from here. Then it regained strength and I looked at the 1 year chart and noticed the 52 week high was at 1.80. Now I liked the stock but I didn't think it was insane enough to pull an NNDM supernova so I anticipated it wouldn't break the 52 week high. With this in mind I decided to sell the remaining shares at 1.75. And of course the stock tops at 1.79 because other experienced traders all thought the same thing. So this was a near perfect trade for me and I'm very proud. 

I say all of this to say that ordinarily I would have went full size at 1.19 and probably wanted to hold all of my shares to see if it tests 2 dollar mark. Coming from poor discipline and a "winging it" approach this feels much different. And much more skillfull and correct. The rules really are put in place to help us and make us succeed. It's amazing to just now understand this concept but I have always been a rebel and trading is no different. But I don't want to be a degenerate gambler any more so here's to discipline!