What Happened:

Today I was -$125.40 on RSHN. I noticed DPLS was a multi-day runner and after it had it's first red day, the next day was followed by a 13.9% spike right out the open. RSHN was following the same pattern on the daily chart and I thought it would do the same.

I bought at 9:31 and bought literally at the very top at .0135 which then started to drop. I had my risk at .0129 which was already too large because I was risking 4.4%. It started to panic and I couldn't fill all the way until it was .0116 so it ended up being a 14.1% loss. The goal was for it to break through the resistance at .014 and it would have a huge spike.

Mentally:

I've lost $235 on the month which is too much for my small account. My positions were small and I had good risk levels but it's difficult when you're continuously not getting fills and your losses are bigger than they should be. Mentally, I'm okay; I still have a wonderful family and friends, I have food on the table, clothes on my back, a bed to sleep in, I live in America, and like Tim Bohen says "we live in the greatest time in history" so that's all the justification I need to keep going. 

I'm going to keep my head high and study my ass off. I'm going to focus on working so I can fund my account and I'm going to paper trade for a while until the market heats back up and once I have proven myself by being consistently profitable paper trading. I'll be back, no worries. My heart tells me I will be a millionaire in 2-3 years. I know it, I absolutely know it and I trust my intuition.