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Hello and welcome to FTR!
First thing is, buy in for the full amount. This will enable you to make more money in the long run. You are very short stacked for this blind level, (i.e. you have 26BB)
Pre-Flop You open raise from MP with AJs. This, in and of itself isn't too bad, but many people including myself will tell you to limp or even FOLD this hand from this position, especially with your stack size.
Flop You missed the Q-high uncoordinated flop, and take a stab. Not a bad continuation bet, but considering your stack size, you are risking a LOT of your stack with A-high... CO calls your 1/2 PSB (Pot Sized Bet) and we go to the turn HU (Heads Up), His CC (Cold Call) could mean anything from Qx, 7x, 2x, to a middle PP (Pocket Pair), to nothing (as there are absolutely no draws on this board)
Turn You hit your J!! At this point you only have $1.80 left which is not even the size of the pot. You've been fairly aggressive up until this point; I don't like the stop of the aggression here. It's quite possible you are ahead here due to CO's CC, so I would push (Go All-In) on the turn. A check here shows weakness and unless you know the CO may bluff into you, I don't like it. At this point I would say you are well ahead of CO's Range of hands.
River Hmmm, a T hits which fills a few unlikely straight draws (AK, K9, 98) and you C/C (Check Call) a bet for 3/4's of your stack. I don't like calling away that much of a percentage of my stack with 2nd pair, but I don't see a better line on this river. That said, the way that CO played, I can't give him any credit for a good hand here, and a Call is likely +EV.
Summary Had you had a full stack at the beginning of this hand, I think that CO would've played this very differently against you. Also, if you are going to play with a short stack (and a full stack for that matter), you do NOT want to play so passively. A short-stacks advantage is FE (Fold-Equity) which is what you would've had if you would've pushed on the turn.
GL,
Chris
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