This week I took small positions and did not make many trades. 

Towards being self sufficient, I tried to make my own watchlist. I used the criteria on volumes and price and their changes and analyzed the fundamentals of the stocks and then tried to find the news of my picks on social media to see what is going on with them. On the next day, I compared the actual price action with my predictions. 

Before each trading, I tried to find out the major levels of support/resistance and and decided on possible strategy/set up of each trade. 

My tape reading is still not good. I watched the videos on http://tradetheticker.blogspot.com/p/level-2-videos.html. Tim Grittani's explanation is very helpful.

I have finished reading An American Hedge Fund and taken notes of the patterns that Tim Sykes ever used. I will read it again and review the trading cases.

Tradingwise, I still have some problems in profit taking. Several winning positions became losing ones because I made unreasonable expectations. I am better at cutting loss (inhesitant and logical). 

I lose $500 this week. Knowing the the volatility of the penny stocks, I am timid now.

I have set up the accounts on ETrade and Interactive Brokers and will try to trade in both directions.