9th Trade: I bought this stock on the news with its partnership with Facebook, and on the dip buy of it spiking another .80 or more. Unfortunately I was wrong, again, I bought 300 shares of $MCHX @ $3.21 (9:44am 2/9/2017) and then sold 100 shares @ $3.05 (12:50pm 2/9/2017), and then sold 200 shares (9:45am 2/10/2017) @ $2.87. with a total of an -$84 loss. Lesson Learned: News means very little - price action is the primary indicator within the trade.

8th Trade: I bought DRYS as a potential dip buy at $5.61 and I had the potential to sell it for a .10 profit several times, but my goal was for it to hit $6 with resistance at $6.30ish. Since my position size was so small I was willing to risk a .50 loss, but it was good that I got out when I did because it dropped another .25 in 1 minute. I got in at 10:03 am and exited the trade at 10:29am.

7th Trade: I was expecting the stock to spike to at least .60 or higher. With ThinkorSwim I'm not able to trade after hours or premarket. The stock spiked over 100% on premarket so I should have stayed out. Problem: I wanted to buy something, and when Tim alerted his buy or ANY I jumped on the bandwagon and then it began to tank. Tim got out quick - and after 10 minutes I should have gotten out. HOPE IS NOT A STRATEGY. It had good news but price action dictates market reality.

6th Trade: My initial plan was to buy 400 shares $APRI at $2.95 (3:44pm) and hold for overnight, but it dropped past my mental stop loss at @ $2.85 and I sold at $2.79 (3:52pm). I was working most of the day and missed $APRI when I saw it at $2.00/share and it spiked to $4.00. Still getting comfortable with the market and stock charts. Pisses me off that I keep having these losses, but I know its part of the growing curve toward practice and mastery.

5th Trade: I bought HSGX on the plan as a dip buy. I purchased 500 shares @ $1.84 (9:40am) and I held for over an hour and it didn't do what I expected so I got out @ $1.78 (10:45am). Later in the day it kept gradually dropping so I'm glad I cut it quickly.

My 4th Trade: I bought XGTI because it was trending on spiking and 8 months ago to stock went up over $30/share. I shouldn't have bought XGTI since there wasn't any news for the morning spiking. I bought 400 shares at $2.07 (9:31am) and tried to sell at $2.13 (9:32am) because the stock was starting a downward trend, but I couldn't get filled. The stock price kept dropping and I had to cancel my sell orders twice, eventually my sell was filled at 380 shares at $2.04 and 20 shares at $2.03.

My 3rd trade: I bought 400 shares of EBIO at $2.29 (3:51pm) on 1/4/2017 following a Tim Alert. Although when examining EBIO there wasn't any news that I could find to justify why the stock was going up, so I probably should have stayed out. On market open 1/5/2017 EBIO didn't spike. I had a mental stop loss at $2.20, and since the stock was heading that direction I got out at $2.21.

My 2nd trade: bought 300 shares of EVOK at $2.91 (9:30am), then I accidentally bought another 100 shares at $3.13 instead of selling (9:35am) then realizing my error I sold all 400 shares at $3.0901 (9:35am) only locking in a $50 profit. I should have gotten out earlier when EVOK was in the $3.40s-3.50 range.

This is my first trade ever - I was hoping for my first trade to be a winner, but I'm not attached as I know this is a process. I looked at ProfiDing and saw Tim buy 8000 shares of AMMJ yesterday toward market close, and in the beginning of the Challenge Webinar Tim says he is selling his shares, while I was buying them. To not follow the Teacher on one's first trade is not good. Fortunately, I got out with a minimum loss. I followed one rule right - CUT LOSSES QUICKLY.