Well as a trader I started out back in January papertrading in my college finance class. I quickly became the best trader in the class from watching Tims videos and I felt invincible. I had a 36% return on my account in a month and felt I was just a natural. As time went on I realized that I wasn't so good after all I was just trading during the market crazed part of the year (Jan and Feb). Before coming to realize that (or not wanting to believe that fact)I had already began to start transferring money into my brokerage account (because why not I've been good papertrading whats the difference). Sometime in late march I made my first ever real life trades. I had bought $TOPS and $GPRO, tops recently announced news that it might be bought by $DRYS (I know I'm a sucker those 2 names together and you know there is trouble). And I bought $gpro off of speculation that it was bottomed out at 8$. I was in those 2 trade for the longest time id previously ever been in a trade. I mean I held them for a little over a month (which is ridiculous to think about). I thought I knew what I was doing but I didn't. I was all fired up because I could make fake money. That led to me making the biggest mistake any beginner can make.. holding and hoping or worse adding to positions. So what wound up happening was I put all of my money in my account on these 2 positions and had 0$ to use with other potential plays. It felt like I was stuck because I didn't want to take a loss but I wanted to trade. Lucky for me $TOPS announced that it was doing a reverse split, basically forcing me to take the loss. So what wound up happening is I sold $TOPS for a 2,500$ loss virtually all of my intial investment. I was completely killed, all my confidence, everything just pure depressed. This feeling gave me motivation to learn more and everyday since ive been studying strategies and the stock market. Ok so where am I going from this.. well in the last day or 2 I made a huge mistake that cost me virtually just as much as $tops did. Thing about this loss($MBRX) is I still messed up even though I know all the rules that Tim teaches. So it got me thinking how and why did I let myself become prone to this loss. First id say is greed I already had a position play but I wanted more even though the position size was big enough. Second is the inability to accept that I was wrong. third was mindlessly adding whenever it went lower. Most importantly I took a position I couldn't get out of this loss could've been completely avoided if I didn't enter when I have no daytrades left. So why am I writing this random post that cant stay on one topic.. because you never can stop learning and you can never think that you have learned all the lessons that there is to learn, because once you think you know everything and let your emotions control your actions..you have lost control