Low of Day Tightening Support Accumulation + Anticipatory Break of Selling Channel + Out of Balance VWAP + SPY already down over 2% on the day + Strong Support off Eric's Levels

= Looking for a Bounce Play towards Equilibrium

Once I entered the trade I felt confident as my entry was good ($1.97). However as I saw it fail to break out, I sold for $2.10 to secure puny profits. Microscopic 1-4% gains with a small account is not going to give me the growth I need to change my life. It's better to let it play out and risk the small $X loss for the opportunity of catching the reveral and making 50% returns. I need to learn to be more comfortable with risk as it never hit my stop loss price so I never had a reason to sell. It ended up retesting Eric's pink 388 level one more time before breaking out and making the move that I was looking for. I also didn't give the trade enough time to fully play out, I was only in the trade for 8 min. 

Lessons:

1) stick to the plan

2) be comfortable with the risk (it's just a game you're trying to beat)

3) big winning trades take time to come to fruition (30 min - 1 hour)

4) focus and concentrate when trading and establishing trade plans/scenarios

5) prioritze small risk / big reward setups