New Challenge Student. Just my study thoughts. Recently started trading. Not expecting anyone to read this. For "diary" purposes only.

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Stoked for my biggest win to date!  $91 (before fees) on $ABIL in 5-minutes. Dip bought 700 shares in $1.46, out $1.59. 

Lesson:  tested a new strategy.  Aimed for a smaller % gain, but used a larger position size.  It goes against Tim's teachings to "start small."  But, psychologically it helps me to not chase and keeps me on edge to cut losses quicker.  

When I used  a smaller position, I was bag holding because I was desperate for the $ gains to grow my small account.  In this case, I took "only" a 9% win when normally I'd be holding for 20%-plus.  So despite it being smaller % gain, it was my biggest $ gain! 

I'll continue to test and refine this strategy, but so far I feel way more confident this way.  

#snipertrade