Find a niche and stick to it. This is what I have been told and i tell myself that every day.

Last night i had made a good set of trade plans. JAGX i seen had news pop up late in the evening. looked promising, predicted a decent spike none the less and to position myself to enter near the open and ride the price for a good .20 - .30 gain. That was the plan. What happened was: before the PM, orders were stacked up +.10 higher than yesterdays close, so, i waited. I wont play right away, Ill wait for a pullback maybe somewhere around 50% off the PM high and get in then. Well, I stepped away for 5 to make my 2nd cup of tea for the morning and i seen that price movement happened while i was gone. FML... That's OK, there's always buy in on the morning dip and ride the price to the top right?.. Well, My first order was set to .77, when that didn't come close, i attempted to catch in on the start of the 3rd candle that was forming green. first attempt to enter was at .86, no fill, .89, no fill FUCK.. I'm not chasing now, ill watch. 

That candle topped out at .95 and eventually the price topped out at .99, before pulling back. Would have been a great play and the first good setup that i predicted and was prepared for. Patience i says to myself..

As for TMQ, i have been watching this Pumper for the last 4 days waiting for a chance to dip the drop.. Only, i noticed this thing dips .10 or so pennies every day and continues its rampage to new highs. My Plan was to enter a dip at what i suspected would be a test of the previous days support (1.00) and to sell off just past the market open price of 1.12. Well, that's EXACTLY WHAT HAPPENED!, price dipped down to 1.01 then bounced up to 1.14. BAH! Did i play it...No. I was watching another stock when it hit bottom and i don't chase.

KOOL was just.. Cool. It alerted on my screener during PM as a gainer. checked out the fluff and decided i was going to make a prompt trade plan for it. I have played gains during PM before and this felt like a setup for that. not to mention this reaction PM usually gets an awesome morning dip buy to play off. Well. i waited for a pullback during PM to get in, once i had seen the price go against me, i just played safe and closed. I am not allowing my plan to work long enough to close in GREEN enough, the RED scares me. going to work on that.. OK, the dip starts in 15 mins. lets get in on that. I watch for a 50% pullback from PM high to set my entries then spikes near the PM high. can't be that hard right? order entry set for 3.81, second order entry window already open and set to sell at 4.23, both 2 pennies above and below tolerances. Well, Ding Ding and woosh.. Tried 2 different times at higher prices to get executed on the dip and no dice, after the price had gone to 3.90 i closed my order window and facepalmed myself... watched the entire plan work EXACTLY like i had predicted!!! On to the next one, keeping an eye on this guy, hes pretty hot this morning.

PGSY. I'm sure i don't need to explain this one. Pump turned dump. tries all week to find shares to borrow on TMQ, RETC, LBUY, ENVV... but no dice, so planned to watch for the drop and get in on the dip. Well. I DID! only it did not perform as well as i hoped it would. Once it bounced i tried to get out at or near the top for a quick $+100 gain but my orders didn't go through.. FUCK!, as the price started coming back down to the bottom where i got in, i went .02 down from the ask to make sure i got out with some gains.

There is a lot more to learn and practice on in this new Niche, The biggest one being order execution. I am there when i need to be, I have the orders ready, I have the predictions and trade plan. I'm just not getting executed properly. I will work quick on this because it wont be long before i Red my way to disaster at the rate i'm going...

 

Thanks to @timothysykes for all of your wisdom and training.  Many of these trades would have gone un-noticed without you showing me what to look for and how to prepare for the action.