Adjusting to the volatility

The volatility has gone straight down from March basically in a straight line, but things have woken up the past few days. However, we are still trading in 12-15 point ranges on most days, and it is unusual for us to have greater than 20 point ranges in a day. We've got to adjust to the new volatility which means less daytrading and more swing trading. Also targets should be adjusted to be less ambitious. All this means that profitability will be lower than in the past, but that is the game that is played. 2008 was a boom for daytraders, and now its like pulling teeth to capture big moves. This makes the entry and exits all the more important because of the reduced volatility.