
ACXP 500 shares at 11.17 out at 11.45. Tried 5 min chart helped us stay in but entered near high at 4:06 am, sized up couple of times. Was after hours runner and it looked like it would continue in pre-market, it did but I entered too late, held on for 2 plus hours to get out with a profit. Did not cut loses quickly, trying to test patience and the 5 min chart show nothing was wrong, we just needed to give it time. That one tested both of our patience. Shawn woke me up to go through it with him

Bought this stock at its HOD breakout around $11.80. My goal was to make $3 per share based on how much it was moving. It spiked up to the $13s and could not hold its gains. Cut losses near my stop loss. Lesson on this trade is to take profits when it is spiking instead of getting greedy. Good trade and good cut, as it is now dipping into the $9s.

Entry comments: Taking a position on this reverse split bio tech with low float, great risk probabilities for a 30-70% spike. It's a day 1, which I don't normally like, but was buying at lows near a key level. Goal is $6.50+
Exit comments: Gotta focus at work...taking the gain from this losing trade.
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