Entry comments: Let's do this again! Still thinking this stock will go up bought 1 at $1.90, then another at $1.60, and then another at $1.40 so this is obviously going in the wrong direction and I keep doing what I did in penny stocks is averaging down. The stock market is plunging so I am hoping that next week it will creep back up and then I can sell next week prior to expiration.

Exit comments: OK so I am on my way to busting my account by throwing money away. I need to learn how to establish a stop loss so when the trade goes against me, get out and not average down and not hold until the end when the options are practically worthless. Must learn how to do this or I will lose everything.