Just started trading for real as of late. Learning a lot over paper trading. I had been waiting for the STT broker intigration due to not being too fond of my mobil e-trade app but starting to like it the more I use it.

Anyway

I had bought $ANY what I thought was a decient dip buy at .2099. I have been holding $ANY since 6/23 just for the fact that it stayed around 1 or 2 cents less from what I purchased it at on the day's closings. I'm trading at work so I'm a bit limited during the day as to what I can do trading wise and dont want to have too much going on at once.

All the time I held $ANY I could here Tim screaming Hold and hope is not a strategy, Thats pretty much what he had talked about all week to that point. Mistake #1

It wasnt a really huge position or dollar amount, but on the other hand I was stubborn and didnt want to loose $50.00 on it either..LOL "cut Losses quickly"!!! Mistake#2

The time spent tieing up my cash and time on that one trade I could have been trading something else more worth it and re visited $ANY another time if I had chose to.

$ANY Finished up green on Monday, gaped up to .25 Tuesday pre market with a bit of news. I was freaking EXCITED! 

Mistake#3 and the biggest! At the open, the morning spike went up around .29 cents about +30% from my buy which THEN I should have have taken a $200 ish profit. BUT I guess I was feeling a little on the greedy side and I wanted JUST a little bit more!! Long story short my $200 profit ended up turned into around a $15.00 profit.

So learned a lot of lessons from this trade, guess you can say the hard way considering I would have much rather of had the $200.00

LOL.. This Trade makes me think all the times I tell my kids not to do something because I know better and they do it anyway.... and learn the lesson the hard way.