Well I know I would have thrown in the towell after losing more than a third, so a better move might be to devote some time to watching the bloomberg calendar.
Breakout trades are some of the quickest money you can make. Put buy and sell stops OCO seconds before a major market moving news release on opposite sides of the market, and take the profit when they move.
Does anyone else like suggesting breakout trading for Walter? If you don't win, quit for the day, wait till next week.