This was my first Penny Stock trade, after coming off of watching hours of Tim's lessons and reading the Complete Penny Stock Course. I saw the "ascending triangle" pattern and was waiting for the breakout, which it eventually did. Unfortunately, i had a goal in my head that i wanted the price to reach (and it came close), but obviously not close enough. It dipped further than my comfort level would allow, so I "CUT MY LOSSES QUICKLY."