My goal each loss is to never make the same mistakes twice and always follow rule #1. Here are all the mistakes I made in October.

1.) $GRNQ - never chase a stock, exit fakeout breakouts and cut losses quickly

2.) $HTZ - i guess i didn't learn my lesson... i entered early on a stock expecting it to continue rising, and didn't want to chase. The approached cause me to try and guess the direction of this stock and I got burned. 

3.) $HTZ - shouldn't have traded it.. risk was higher than reward

4.) $EVK - bought on second dip EXIT: I got greedy... too much resistance and i didn't sell when i had a tiny gain and when i recognized the resistance... hard lesson to learn this morning... biggest loss today... big shot to the morale

 

To try and summarize this months lessoned learned, I'm starting to find which pattern I am best at trading. As much as I want to be great at buying the breakouts, I suck at spotting them. I suck at the executions. And I realized that all my gains this month have been from dip buying. 

Looking forward to November, I'm planning to only focus on dip buying and keeping my positions consistently small. Once I see that my gains are bigger than my losses, will I start to raise my position sizes. Last two months I up'd my position size when I still wasn't ready. After Two months and 15 trades under my belt now, I am starting to see trends on my trades and I plan on capitalizing on the specific patterns that made me the most gains.