// Test dip buy. put this on watch last night. Maybe not ideal and I probably could've just paper traded this but a) I've had trouble calling bounces and b) putting your money on a bet has a different effect than paper trading. Watching for a bounce in low 2.10s but it had a big quick drop to 2.20. I anticipated res @ 2.30 but thought I could get 5-10% if it popped above that convincingly. Bailed on first red candle after it failed to crack that price point. //

I don't know that this was an ideal setup as the realistic potential % gain was not super high. However, I am proud of this trade for a few reasons.

A) I actually called a bounce and was right. I have not done well with this. I've been watching video lessons on this and wanted to practice. Like I said in the comments on the trade, I could've practiced paper trading, but it's different when you put your money on the line (however large or small it may be): it forces you to be serious and disciplined.

B) I honestly evaluated what the market was likely to give me and responded accordingly (as opposed to holding and hoping). I gambled the market so much during 2019 and I screwed myself over. I knew that this would probably have trouble at 2.30, and even if it did get above, it would probably only go like .02 further. Obviously there's the hope that you're wrong and it just flies high, but I didn't prioritize that hope, I prioritized what the chart was telling me and got out in the green. Losses were cut quickly.

C) In months/years to come when I'm taking larger positions, despite this being a tiny percent gain (like 1.4% hahaha), I'd be happy with the money made here.

I need to keep studying. I need to keep practicing discipline. You will most likely do that which you practice and I have had terrible practices. Even on a 100 share trade in a 10 cent mover I want to practice discipline, take what the market gives me, not hold for what I hope it gives me and be OK with the fact that now, 40 minutes later, it is up just above 2.30. Who cares. I have to be disciplined, stick to the rules, be honest, and be thankful.