This is a marathon not a sprint
1st day back in the PDT Jailhouse. There are tons of lessons for me to learn here. I put myself here, so now I must pay my time. It would be easy to just open another brokerage account, get my couple of day trades a week, and continue to move on. I actually will do this, as I still want to practice, but I will nurture each one of these trades. That is my main goal for this period. To make sure I am nurturing each and everyone of my trades. To tend to my FOMO and learn from it. to understand how my trading psychology works, and learn how to use it. Part of my thinking jumps to the thought that When I have FOMO of missing a trade, maybe I should learn to use that as a cue to Short a stock. But just jumping into a short isn't a good strategy either. If I am going to learn how to work amongst the winds of the market, I am going to have to get out of the habit of reacting to my feelings and emotions. I need to be calculated. To do all the homework put in front of me. I need to practice, and practice on good setups.
Day one in the jailhouse started with a morning workout. Followed by a good breakfast, and watching a learning from the market open. What stock is hot, how will it react to its historical price action. What are the support and resistance levels, and how will those affect the price action today. What are my distractions? How can I focus on the task at hand. What lessons do I need to reiterate. What am I forgetting. What is my jailhouse plan? Time to take stock and figure this out.