Just another stupid trade. I didn't really trade using any of Tim's rules other than what I thought was fading volume but that was not enough. Later the stock spiked above $4. I didn't need to trade this and I should learn to wait for the good setups. I also had paper traded this the other day and it went from $3.50ish to $3ish. I figured it would do the same thing. Summing up - this was not a good trade based on any real rules. I can do better.