Actually averaging can be adding to a winner as well to a loser. I really have no idea how you trade, but larger max share size certainly allows more room to work either strategy, one being counter-trend and the other with-trend, but both being very effective if managed properly.
I have to agree that larger size makes you more patient and disciplined. There are rare times when I will trade significantly larger size than normal, but it's on a very specific setup, my timing has to be perfect (I absolutely won't chase entry if the exact entry price is missed), and my stops are insanely tight. When these work, they really work well; when they don't work the loss is minimal. I've yet to have one fail, because the patience in waiting for the setup and the sniper-like method I have of entering make it extremely high probability.
I, too, found earlier trades to be the best and sometimes I won't take a trade despite a valid setup/signal simply because it's later in the day, when textbook setups have a greater tendency to fail.
Congrats on a great week!
