Title says it all really, I felt pressured towards the end of the week to jump into several trades that I had been watching. I took positions without thinking about resistances, pull-backs, etc., and because of this I closed red on Friday. I believe I took so many positions because I didn't want to "miss out" on their increases since I had been watching them. But I did not take the time to fully consider each trade. Essentially, I jumped into multiple up-trending patterns without focusing on the highest-quality trade and while ignoring the potential for pull-backs, resistances, and indications from inverse ETFs. I also broke my "Quick Tip" rules 2 and 4. Moving forward, this is why I am making these videos: to expose myself to my poor trading habits, hold myself accountable, identify good habits, learn from my mistakes, and build upon my strengths. I've also decided to make several simple goals for myself to follow as I move forward in trading, I may adjust them as time goes on and as I learn more about stock/ETF trading: 1) Overall uptrend or horizontal trend 2) Current uptrend with confirmation (EMA, SMA, pullback) 3) 2.5% increase potential before next resistance These goals will hopefully bring me to focus on 1 well-planned trade per week to get the ball rolling. Over-trading is a common mistake for beginners, as I am discovering! ***Quick Tips: 1) Only invest a $ amount that you can afford to lose, 2) Only invest in what you understand (don't be greedy; be smart!), 3) Always set your stop-losses, 4) Attitude is everything, patience is key, and knowledge is power, and 5) Every mistake (and success) is an opportunity to learn and grow! ***I believe it is better to speak in terms of % vs. $, as position size is relative, individual, and personal. I use the Thinkorswim (TOS) platform developed by TDAmeritrade for chart review, and both TOS and Robinhood (RH) to trade. These videos are for community and personal benefit as we grow together in our ability to make smart trades and consistently build our portfolios in the long-run. I encourage you to think for yourself and make trades based on what you think constitutes a good, planned-out, intelligent trade. I do not offer trade recommendations so please do not ask, nor should you necessarily trade based on my opinions/thoughts/beliefs etc. (I’m still learning too!). In other words: think for yourself! ***Constructive feedback is appreciated. Let's help each other learn how to make smart trades! ... https://www.youtube.com/watch?v=ixnTEcj0YDo