So if you read my Blogpost about $HMPQ this will be more of the same with a slight twist that made it hurt more than it should have.

This stock on the 10th of Feb 2021 finished red but spiked up from the previous day, I was looking for 1 of two things to happen this morning a morning spike to buy into and get out of or a morning dip to bounce and buy into.

Well the bounce happened i purchased 17460 shares @ 0.0157 for $274.122 total. I caught the bounce nice off the L2, it started to rebound hit 0.0170 and re-traced a little but not enough sellers in the L2 to make me get scared or shaken out, so I hold and wait. In comes a nice ramp from 0955am-1000am all the way to 0.0190 a 331.74-274.122= $57.618 Gain! Nice but that green number was not big enough apparently, because I did not sell. Nope not me, I can get more, I can get more than a megar 57$ gain over 20mins, psh 150$/hr equivalent to a workers wage was not good enough for me, this is an hourly wage of an Underwater Welder, I know because I am a welder by trade and could have done that job 20-100 feet under water. But nope, sitting at my desk in my PJ's with my coffee not enough.

Enter Greed and reasoning, at 1001 the downtrend started, and would not stop until 0.0150. All the way down the profit was not enough and now that I am below entry but not at my Risk level (0.0100) which is 100$ on the trade, ill hold and wait for it to uptrend again.

Well it does in the afternoon, slowly from 1115 to 1145 it reaches 0.0174(30$ gain). Nope not enough still, I am worth more than that, my time is surely worth more than that. Then a downtrend again. But it gave me another chance to get out for a gain, perked back up to 0.0165(13.9$ gain) this would cover my commission and STILL I would be up 3$, psh nope i can get more. Not on that day I wouldn't, and not on the next day either. It finished the day @ 0.0124. This means I closed the day at a -57.6$.

But wait I left out the best part I AVERAGED DOWN when it hit 0.0133@18,656($248.1248 buy in) shares, surely this is a sale! it wasnt and now my position size was much larger than I accounted for and that would come back to hit me harder the next day than I was prepared for emotionally.

To recap I am now in this stock that had given me the chance to make 57$ but now I am at -57$ + -16.79$ = -73.79$ for the day, but still not at my 100$ risk limit.

12 Feb 2021 -- $CBDL opens with a slight blip up then a huge crack off the morning dipping all the way down to 0.0070, now i see the crack and I know my limit is at 0.0100, I am able to get the limit order in correctly this time and get filled on the panic AT my risk, phew im out at my risk its okay I lost what I was willing..... well see that risk was calculated for my original shares. Not the extra shares i grabbed on sale lol

I sell 36,116 @ 0.01, my total buy in was 532.14 now im selling for 361.16 this is a -170.98  loss, I was not prepared for that, I was prepared for 100$ not almost double that on 1 play. Emotionally that hurt, how could I be so dumb, how could i be so GREEDY. This round the market hit me back and she hit hard, it humbled me but I did try to play some dips that day and lost all 3 only 10-15 losses on each but compacted on top of the other 2 losses that day, I was mentally done. I needed to re-group and step away. The PDT I believe saved me from making any other mistakes that day, but I also know that the PDT played a mental role in part of me not wanting to sell on top of me being greedy, the "I can get more" coupled with "I dont want to waste a PDT for this little of a gain" was just a recipe for disaster with my mindset.

WIDL:

1. Turn off P/L just like my other play

2. Have an exit plan, this had no upside resistance but I was riding on the back of the momentum of the weed plays late in the game, I was not paying attention to the overall market/sector I was playing in which compounded.

3. Do not average down on a play, I am too new to do that and factor in the risk with that play, it could have gone much worse for me. While my risk level was still 100$ it was 100$ for each batch not 100$ overall, I doubled my risk with no set reward or even a set exit plan.

4. Ground yourself. I am new to this, making 50$ in a 10-15min window is HUGE. I think I will start breaking my wins down into hourly just to remind myself just how much money that is. I believe this is going to be a huge check on my ego and my greed.