Hello everybody! Hope you all had an awesome week last week!

As for me, I traded a bit, but really tamed myself down Wednesday after realizing I was becoming reckless and careless again. I started a morning routine where before I sit to trade, I pause, meditate on my goals, and then begin. It's really helped me stay focused, specifically to not overtrading or mid-day trading (though I've still broken that rule a couple times, which is a couple more times than I'd like).

I had quite a few trades I wish I could take back, and I've studied those enough to know it was my lack of discipline that caused me to fail on those, and I had a few good trades for profit as well, but for this post I'm focusing on two that were late week for me.

I've been watching a lot of Pennystocking Part Deux, and been taking notes on shorting FRDs, and so I saw VERV as an excellent choice to practice. This was a $10 stock a month ago, and it's risen on okay news, but not anything significant. It announced an offering earlier in the week, and so after watching it I picked up the short off the bounce from the offering going into the close, and I rode it for a nice 7-8% profit throughout the next day. I'll be continuing to practice FRDs going forward, as I felt really comfortable with this trading style.

OWUV is the other trade I want to touch on. I've noticed in my journal and notes, and just through simple observation, that my trades on OTCs flat out suck. It's hard for me to read the charts in the same way a listed stock with high volume plays, and sometimes the spread and trade sizes get me into terrible positions. I remember studying early on that in order to trade OTCs effectively you have to almost think ahead of what the stock is going to do, and that's certainly a challenge for me. Well, I say all this to call out that I played OWUV fairly well in my opinion. Friday they announced news, where this stock had already had major action earlier in the week. I entered immediately on the news, and I did a couple things intentionally that I wouldn't have done a month ago: I traded with a smaller position relative to what the trade sizes were looking like on Level 2, making it easy to get in/out as I needed; I didn't hold too long, taking quick profits when I saw it wasn't spiking the way I'd hoped. Progress for sure, and I aim to continue getting better.

This week I'll continue to work on identifying FRD opportunities, and am currently watching PGY, TH, and HKD. I'm also still working on FGD afternoon spikers, while also keeping a closer eye on continuing runners such as TRHC, TBLT, and EVTL.

I'm still green on the month, which is awesome, yet I'm working on telling myself that being green when I'm only 4 months into my education, is the least of what I should be thinking about. I can be okay taking small losses, so long as I'm learning, and I feel like I'm definitely learning.

Good luck out there, and stay safe!