Entry @ 9:33, $3.095. Exit @ 9:36, $2.90. I picked the exact top of the morning spike, and almost the exact bottom in the morning. If I could do the opposite of that I'd be in good shape.

Won't be doing that again. Tim said it wasn't a good idea. I needed to know why for myself. It's very clear now.

Had a green day, then a small red day, was up a over night. Didn't get close to breaking out. I thought I could catch it early.

Turned out not to be a dip buy.

In at 11:10 7/5 @ $1.85, a moments later it's @ $1.86, doubled my size. I'm testing a theory, premarket losers will keep dropping (It may not work every time). This POS would have to get down to $0.50 in a few days. Sold at the close the next day, after it consolidated ALL DAY! I 1) I wanted to lock in the profits coming off a losing streak. 2) I didn't want some hype to make it skyrocket and trap me. Wish I had taken a 400-500 position size. That would have been 25% of my account. Just testing.

Lately I've been feeling like I'm picking away at my account because I get scared and run too soon, like my risk level is set to high, and I should be willing to take a bigger lose, because a lot of things I play come back up after I sell. Plays like this make me think I should keep my tight levels, it didn't come back up. But i'll watch it.

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Cut losses quickly. Could have been faster. I thought I could have made solid money. Crap stock. I expected this to run. Hindsight is 20/20. No excuses. Now that I look at it, my risk/reward wasn't that great. Be patient, not all plays are good. Stop scalping.

Trading scared. Cut 'em quickly.

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