Dip Buying on the second day. Not Bouncing so I got out. Lower Volume.

Earnings Winner Should have held longer until close.

I need Discipline NEVER to follow Sykes Trades/Tips. I was chasing the stock at the afternoon. The stock need to breather to bounce up again. Ideal re-buy was the next day on $3.30 Support/ Consolidation. I could have gained $.10 cents profit if I woke up 4AM and sold just bellow $4 multi-year resistance. Paper Trading destroys your discipline and habits (You get wreckless experimenting with trades.) Atleast I cut my losses pre-market right away. I need Discipline and learn to take profits.

Lesson: I procrastinated, must post trades right away before the intra day chart is gone. I bought on support with Sykes but then it cracked. I cut losses quickly. Not sure Sykes is buying on dips and holding on his position. I dont know what I was doing so I got out. Need to study how Sykes and I reacted. The stock cracked my ideal support and I sold my position.

The stock is not doing what I wanted it to do and I got out. I need to Learn the basics on going Long before I go to short selling. There's so many stocks to play but I really need to focus on the basics. I decided not to read the Chatroom Posts anymore from Sykes' Chat. A lot of degenerate gamblers are affecting my decision to hold on to a trade. I looked at a comment and I got out because of a stupid chat message. I need to dip buy consolidation not spikes. And only buy on the afternoon.

Today's Lesson: I was tired from my graveyard job with no sleep. A trader needs sleep! I scalp traded this stock with low volume and got short squeezed and got out. This was so boring. Never trade on low volume. Note that some stocks cover buy before the weekend. Cover buys happens 9, 10, 11, 12 Western time. Approximately. I should be buying earnings winners on Wednesday, Thursdays, and Fridays. Stocks like TVIX, OBCI and IBIO

I shorted in the afternoon, trading while distracted. I shorted another earning daily winner again, an Ebola play, a company making safety protection. I got out of the short squeeze.

Lesson Today: I was chasing the hype from the message boards. It has filed bankruptcy and I'm not sure if it is at the top so I got scared and Got out of my position. Too scary better safe than wrong.

Lesson Today: I will never trade pre-market anymore, I freak out and got short squeezed, got out too early. I would have won if I waited but it is just too scary, don't know how high the stock can go. I have to trade smaller stocks, Ideally less than 7 Dollars and cut down to 100 Shares each trade. I am still learning to crawl.

Trade Small today Following the afternoon fade pattern. Learning to control myself by placing smaller trades. I should have held longer but I'll take my small profit.