I am a 3 weeks old Challenge student, studying 12-14 hours/day. Did I mention that I have never traded before? EVER? But I was able to get my first trade executed. I was a ball of nerves, I mean, pacing like a coach on the sidelines nervous. And it went so very wrong. And yet, I am beyond grateful for my first live lesson in penny stock trading. How did it go wrong, you ask? Let me count the ways: I traded on emotion. Wrong! I wanted to get that first trade and make it a great one. Wrong! I did not follow my bare bones watchlist, but instead went with a rumor. Wrong!! I bought long into a stock run that had already spiked 29% for the day. Wrong!! I bought it in afternoon, outside of the power hour. Kinda wrong! I did so many things wrong. So, then, why am I grateful for losing $22 on my first trade?  Because it was the cheapest lesson on money I could have learned. I know all the things I did wrong. And I also know what I did right. I identified my reward/risk before executing the trade. I identified my support level for stock action. And I executed without hesitation the #1 rule.... Cut your losses quickly. I will remember this feeling of defeat. But I will also remember that I protected myself to live to trade another day. I have to continue studying and learning to progress my trading education. Learning from humbling mistakes, big or small, are hard. But learn from them I must. So, that's how I am grateful for my $22 trading lesson.