Been trying to figure out what they meant by "the first red day". I think I figured it out, the first day that there is a loss, or red, for closing. And I get the psychology, I'm at work not paying attention to the stock, I see it was green yesterday and not red today, at the end of the day. So I sell not to lose.

By far, the one thing I needed most starting off. Today I may have won, but I chased a stock and traded with too much capital. Edit @ 3pm: Plus side: $SWN is doing what I said it would. Up in the morning, back down a little below its open in the late more early afternoon, back up close to its highs end of the day. Where I chased it yesterday. I feel the FOMO kicking in. But I need to reassure myself. I saw it sunday night and made a plan. Monday I didnt follow the plan and lost but bought back into my plan. My plan made me money. I made money on this trade that I had a plan for, maybe not all the monies to be made, but monies non the less. I feel better now. this shit is really about discipline and you versus yourself. https://youtu.be/riEVth7L1uA

I still don't understand limit orders. Executed at the wrong time. Made money but still..

There is no need to trade.

After reflecting on my trades I once again find that I am learning. Two weeks ago I spotted out $nymt. It was on nobody's radar but I was following the rules the best of my ability and current knowledge base. I won on that one. Last night I spotted $swn. I saw it as a breakout. Last night I also spotted a few of the stocks that were on Tim's list and everybody else's list. I thought to myself well they know more than I do maybe I should follow them a little bit. Things were going good until I had an issue with my limit orders which I was cautioned to be wary of. still it's something I needed to try and practice using because I have never used the limit order before and I've been screwed on the market orders. I end up losing a total of $60 because I once again but it's everybody else's hype without understanding how they were prepped. $swn open around mid 2.50s. it has reached low 2.90. I believe it has more to go due to it being a previous earnings winner and earnings call is in 10 days. I'm going to try buying the rumor and selling the truth. If that's the saying. I'll keep posted

Today I lost $60. First 30 on not understanding my brokers limit order function. second 30 trying to figure it out. I think I understand now. Good lesson to learn. And good lesson to be in failed spikes. Used two of my three day trades to learn this lesson. Will force me to wait, watch, pick my shots.

Further research yields: I KNOW NOTHING!! Edit: 100% correct

I'm looking at ENSV I predict a drop, TRNX a #3 to .80c, SWN a breakout to low $3's Edit: ENSV right, TRNX wrong on a failed spike, SWN wrong its a long term hold i think

Finviz has a nice search by chart function. Figured itd be nice to try and spot a pattern using the charts. The charts are a year long, I dont think I can spot a pattern in the frame work persay, but what i have noticed its that almost 100% of this stocks just fail to shit. Its just hammers the nail in of how dangerous these stocks could be if you dont know what you are doing. So far I have been loving this study program.

Almost done with the 1st DVD. Very Front end heavy, but I'm learning a lot. Excited for this journey.