Fourth: Beginner's Failure

Summary

I played the chart incorrectly and paid the price. I cannot risk much since I lost all my money so I try to compensate by putting a tighter stop. If I must do this to play, I shouldn't play at all. I have to go with a plan where I have the best chance of success. Otherwise, I will fail.

Ticker: MEI

Both ways would have worked fine. I was just looking out for which way it would go today.

My stop was too tight and I got stopped out before the chart worked. 

 Note: Play the right stop or don't play at all.

Ticker: BGS

This could go both ways. Just gotta look intraday to see what it wants to do.

I missed the morning flush and it reclaimed support perfectly. I was looking for a lower high and to anticipate another wash. It did not happen.

Note: If a stock reclaims with conviction, it is still front side and I should not touch until it hits backside. 

Note: I should be focusing on stocks that have more volume like KBIO. Today was a fuckup. 

 Found out what I am doing wrong? Please let me know by posting a comment below. 

I'm a Loser

 I'M A LOSER

Since we last talked, I traded away a fuck ton of money because I'm a undisciplined piece of shit. I'm no 1337 trader; I'm a fucking fraud. My positive thinking is shit because I've been lying to myself. I ignore my own advice because I think it's all fun and games. My trade reviews are unclear and unfocused. I got my head stuck so far up my ass that I don't even realize that I'm pissing all my money away. 

Does this mean I quit?  
NO

I have to start over and do things the right way. It means constantly making trade reviews to keep myself accountable. It means slapping myself five times before I confirm the trade. It means doing whatever the fuck I need to do to get back on track. Trading is very rewarding but is no joke. I must be always on my A-game to even break even with commissions. Anything else and I'm just wasting my time.

The reality is I either change now or I should just give all my money to some bum on the street. He'll probably use it better than I can.

So to end, some wise words from VinnyB: "The money is out there, you just gotta take it or I have no sympathy for you".