It seems I have hesitation a plenty and confidence naught. Missed opportunities this morning, but at least no losses. First was FMCC or FNMA, but I was watching FMCC more closely. Missed my chance at an entry of 4.32 because I wasn't sure if it would rally today, and yes it did. There you go, real company with real profits plus the story yesterday that the shareholder suite can go forward against the government equals money. It's up 38 cents as of now, but I would have been out at around 4.50 since it got stuck there for a while. Next up is VEND. TimAlert to dip buy. No price target, but a few minutes that alert I noticed VEND look like it bottomed at 3.10. Again I hesitated. I thought to myself, is this right? It looks right, but is it right? While I was debating with myself it shot back to 3.25 and then on to 3.40 within a minute. Ugh... I know what they mean by have a plan now. If you have a plan and follow it you should hesitate less and execute better.

Learned a few things today. I had two choices this morning FNMA or RNN and I picked RNN because it was the cheaper stock. That was my first bad move. While in chat someone mentioned that RNN had no PR today, this should have been a red flag. My target was 1.32, just above a b/o and I could have filled but I hesitated since I wasn't sure. My fallback price was 1.34 and I didn't get it in so I chased to 1.37. Still not terrible, but since there wasn't any news it wasn't going to run far. Sure enough it didn't. It topped at 1.39-1.40 and it moved against me and again I hesitated. This time on the sell. Got out at 1.36 for a 1 cent loss. Not too bad since I did actually stick to some rules, but not enough of them. The first bad decision was to trade RNN instead of FNMA, which had a much better run. I thought it might be a good dip buy, and it was decent as it bottomed at 4 and climbed back to the 4.20's. Argh..terrible choices, but good lessons. When there is no news and they are two b/o to chose from, lean towards the larger established company. The difference was a $1 stock or a $4 and that's really not much difference.

I just wanted to post a couple of things that I think could help the Traders who are following me. From my past big loss on ELON I have learn that knowing how to buy or sell on the pre-market is very important. I personally called Interactive Brokers and TD Ameritrade so they can tell how to sell the pre-market. If I would of known how sell the pre-market I would avoided a big loss on ELON. I was long overnight on ELON, and it gapped down at the open. Lesson learned now I know how to buy and sell pre-market. For those who want to know, if you have TD Ameritrade, look at Time-in-Force when you place a trade. When you choose "EXT" that means that you can buy or sell pre-market. For those who have Interactive Brokers and use TWS you need to go to File Global Configuration => Presets => Check Mark Allow .......... Call customer service for the full details. Have a successful trading week :) P.S. For those of you who were wondering why I haven't traded this week was because I was waiting on account transfers into my TD account. I got a margin call, because of the PDT rule. All my transfers have finally gone through and I finally don't have to worry about the PDT rule. Yay....:)!!!!

@zero_trades just became a fully transparent trader today!