So I came into the game around September after studying and paper trading for about 5 months before that.  I profited a little right in the beginning, but I began to lose money.  I was about 5k down at one point, so I took a week off and studied.  It took me less than a month to make over 4k of it back before I hit a brick wall of emotions, stubbornness, greed and FOMO.  

I think what started this downward spiral was the fact that I didn't make any money on $KBIO when it went full on supernova; I actually lost a couple thousand.  Ever since then, I was consistently breaking Tim's number one rule of cutting losses quickly.  My emotions got control of me, and I was so stubborn on trades that I even after I was up $300-1000 I would still hold and not take profits because I would hope that it would maybe be the next $KBIO and would get rid of all my losses.  It only took me two and a half weeks before I went from being down 1k to being down 16k.  The day I lost 4k in one day was the day I realized that I needed to put down trading for a little bit and focus on studying.

The reason I am writing this is because I feel like it will help me as a trader in the long run.  I do believe that I can make money in this industry, and I AM NOT going to quit!  I need to focus on the right trades and follow Tim's strategy to a tee: CUT LOSSES QUICKLY AND TAKE SAFE PROFITS AND RUN!!!!

Here's to a turn around for 2016 and a very profitable year for all of us!