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Low float bio tech with news, multiday runner, having its FGD today. Bought the dip in the 9:45 window. Tried to be patient with my exits but still a lot of work to do there. Took small part of the meat of the move. Though profit is small, happy with this trade as I did have a trade plan and setup. Trying to build some momentum and confidence in this market that does not offer many FGD opportunities on multiday runners.

Have not seen good setup in a while; definitely emotions involved in this trade. Was patient to wait for solid setup. Bio tech running on news of merger, multiday runner with no former history of running, but holding levels on intra. Had two red days after initial runup. Looking for FGD off support in 1.30 - 1.50 level, consolidated yesterday, after failed spike at MO. Happy with this trade as it boosts my confidence and proves that patience does pay off. Do regret not taking bigger position.

(Not so recent) runner, now multiday runner with news of hedge fund share acquisition. PM/AH price action on low volume threw me off but holds levels well and can spike big on volume. Trading #5 FGD setup, buying as close as possible to support but chasing a bit because ripped at open. Taking some profits off at 5% and then into strength and resistance. Fat fingered position size, threw me off and started trading profits rather than chart on the last part of my position.

This low float contract winner spiked on contract news in AH/PM, creating HOD at 3.50 (half dollar) and then gave up all of its gains in PM. Failed BO over 2.25 in the morning. Looks like price action that lured in a lot of shorts. Setup: Fri afternoon short squeeze over HOD. Not a setup I usually trade, but gave it a go with small size as these have been working well lately and had a lot of factors lining up. Going for quick single but actually got more than I wanted.

This sector leader weed stock, multiday runner on news of cannabis legalization in Germany, is now firmly on the backside of the 7 step framework. Was looking for a big red day for a potential #5 bounce, knowing would need range for weak bounce this far into the timeline. Did trade #5 bounce but range was very tight, not ideal setup at all, should have not been so patient with the exit. Details on chart

Took another stab at $CGC, now bouncing off 9.0 level. Still not an ideal setup as still not the setup I was originally looking for. Later in the day, $CGC did make a strong move but this far into the framework, I do not consider my trade an effective trade. Learning a lot about the intricacies of the #5, my exit management, trading effectively and trading only the best setups.
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