failed g&C reversal. I bought at the morning low. It had support at 1.80, with a few dips into the upper 1.70's. I figured if it could hold above 1.80 then it would move towards the pre-market high of 2.00, for a .20 gain. It's not seeing much price action and started dipping towards 1.75, so I bailed. Playing it safe.

I rode this long position straight down, like a real loser for .20. Thinking a patent on a breathalyzer that police use across the country was going to catapult the price. Instead it just took a dump. Long positions are tough. The crux of penny stock trading are long positions probably have a higher failure rate than short positions because these company's are shit. And of course, nobody has shares to short unless you're running a >25K account.

TRNX was up over 300% had a small pullback and then consolidated. Bought near the bottom of consolidation around 6:49 PST at 1.64. Hung in there until I had to go to work for the day.

Another loser long. I bought on the pullback but it started drifting lower, and I didn't feel comfortable with the price action so got out. Really hate my long game. It doesnt work!

I'm beginning to think that I should create a hypothesis and trade the opposite. Another loser long. Broke my first 15 minute rule, but that didn't really break the trade. I'm either gambling or clearly missing something. Every pick goes in the opposite direction. Beyond frustrating. Am i forcing trades? Am I jumping in too soon, ALL OF THE TIME? Baffling. There doesnt seem to be enough training videos to fix this.

Entry comments: I have two serious trading issues. I'm breaking my 'first 15 minutes rule' trying to predict the bottoms of gap and crap reversals. So I enter when stocks continue to fall. And I'm not cutting losses fast enough. It's because I hit my stop literally 1 or 2 minutes after I enter. very poor entries. So mentally, I feel like I just showed up to the party while everyone is running for the door. I'm not being picky enough with my setups.

Exit comments: Finally got out of this trade with a very bad 23% loss. Next week I'll begin using a new framework/system so I can be more consistent with my trades. The goal is to remove as many trading variables as possible and nurture consistency. Plus, New trading worksheet/checklist, a better journal. The 6:45 rule (west coast). No trades before 6:45. Too many fake bottoms before 6:45 to be dip buying right now.

I got flustered on this trade. It was another forced trade a weak catalyst. I'm sitting, watching my scans, jumping from ticker to ticker looking for technical setups in small market caps (<20MM), which is not a very good strategy. Therefore another dumb trade. Also, I just started using EquitFeed and Power E-trade. Today was like flying a plane with no simulator time.

OTC overnight hold into Friday. Wasn't a first green day, old catalyst. Another forced trade.

This was an overnight hold on a OTC multi-day runner. I was able to get a partial fill at the open at .0032, but had to panic out as it started dropping. In total lost $60 on this trade. Placing smaller trades right now.

OTC overnight hold. $yoga is in the process of going private and this caused the stock to skyrocket. I didn't know this when I bought it. Held overnight for PTD. Personal note: Stocks to trade is a real piece of shit and wasn't showing anything but level 2. I canceled STT today because it epically fails when you need it most.