Dumping a bag

Entry comments: STT BN AH spiker with news that METC is in a deal with the DOE regarding rare earth metals. This has been an IRIS play before, and I've made some gains. This may be an overnight trade or a swing trade. I will take a look at the pre-market action. I think after today's low market and the week overall being low, we could have a good day tomorrow. Also, it's the last day of the month. We shall see.

Entry comments: IRIS play with potential upside of 685.90. Keep risk at 5% and lock in gains if in a downtrend.

Exit comments: This hit a stop with a larger risk than I typically take. This was disappointing.

Entry comments: IRIS play with potential upside of 458.66. Hit the entry in pre-market by a few dollars. Tried to buy on a dip. Keep risk at 5% and lock in gains if in a downtrend.

Exit comments: The trade hit the target so I locked in my gains. I was able to get two dollars more than the target, which was good because I got in a little late. The stock ran higher in AH, but I'm happy with this trade.

IRIS Recommendation - sold when price hit stop loss

IRIS Recommendation - raised stop loss towards break even - sold when price hit adjusted stop loss

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IRIS Recommendation - sold when price hit stop loss - dropped faster than expected so loss was higher than expected - bought pre-market - that was a mistake - can't have automated stop loss premarket

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