Since last I posted my first blog, I have done something different in my way of studying and looking at the trade. I put $25,000 on my TDAmeritrade account + $2000 to trade as PDT. I was aggressive, even though I promised not to exceed $2000 to get into position, I went to up $5000 in one trade. This is not a good idea since I am just learning, it is not fair to put too much money when I don't know enough about trading and blow up my account. Yes, I studied 10-12 hours a day, but a lot of my losses were because of I did not have good planning, following my gut (gambling) and overtrading. 

I also closed my Robinhood account. I could not verify my trading from Robinhood account, same as Interactive Broker. My plan is to close on Interactive Broker as well. Tim likes IB, but at this time, I see no point of keeping IB which I mostly concentrating on long, not short. Planning to keep 2 brokers at this time. E-trade and TDAmeritrade. From both platform, I really like the TDAmeritrade mobile platform. I am still learning how to do E-trade pro. I also signed up for STT and the breaking news chat. Due to these reasons, I cleaned up my trading journal here at Profit.ly, deleting all the unverified trading, and clean up the double posts. I feel better about this so I can start fresh and everything is transparent. I have been transparent but without the ability to verify it on profit.ly, I feel it is not counted. 

New plan for May: I only trade no more than $1,000 at a time. Small gains add up, until I am sure I can be more steadily profitable, and I know my shit in trading, and discipline. 

May 1- May 7, I was not disciplined, over trading, but on Friday May 8, I was pretty disciplined and hold my urge of overtrading. I traded no more than $1,000. I only trade with the pattern I am familiar with, even though my profit was not as much as April from higher positions, I feel so much better, and I am planning to keep this for future. 

I learned from Youtube : Reynor, for the Japanese Candlestick pattern. I also learned so much from the article link on the blog.  It has helped me a lot. I also finishing up Tim Sykes book, and continue watching DVDs. 

AIM: not overtrading. Having plan. Cut losses quickly. Buy meat of the move and be very patient getting in the trade until you see the pattern you are familiar with. Learning for short, trading short only on paper.

Hope everyone is doing well. We are in this together. Happy Mother's day.