Reset Paper account to $500, as it will be next month. Was trading with $1000… $500 feels harder because profits are pretty small over $2 per share.
I also sold only 100 shares to get out of the trade when I meant to close out my position of 200 shares for an initial loss of $4. Then, trying to figure out why my chart didn't show that I closed the position, realized I still had 100 shares in the game. Dumb luck gained me $2 for a total loss of $2... with commissions a true loss. I'll happily take a small loss like that any day... and learned a lot!
What I learned: it’s a snow day for me and I did my research in the morning after brushing the snow off my fiance's car. From now on, I'll need to get up earlier or do my research on Tim's picks the night before. I felt rushed. I also did not have time to PREPARE. Definitely felt like I did not have enough info and preparation.
Next time: 1. Do my own search and research 2. compare with Tim's picks 3. PREPARE 4. Study charts of my potentials for the day.
Now a little organization and watching Trader Checklist 11 and 12!


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