Entry comments: Day. Continuing w/Hot Sector; Rumor merger in-bound. Playing swing channel @ 1st .0030-.0038. Entered initial small size 10k @ .00365, risk .0029, TGT .0041. Then B/O of channel entered small size 5k @ .0039 & 5k @ .0038 to size in more to TGT. Continue add 8k @ .0037, 10k @ .0036 since back in channel. Av .0037.

Exit comments: Risk breached. Shouldn't play Swing channels unless plan is to exit quickly at break of channel. Should've exited once I saw it wasn't going to TGT & definitely should've exited once it hit my risk.