I saw this preforming and called it I mistyped my setup because I was driving into work late and screwed up... I dropped my phone and fumbled around with the order several times. It jumped up... and I almost got my order in, then it jumped again beyond my comfort zone... I my mind said stop. Fight another day... and I started chasing it.with limit orders always a fraction of a penny off. Luckily my broker filled me at my limit price which was now below the current quote. :/

 

and  then I watched my profits from the past two weeks swirl. Instead of cutting my losses I held on to see if there was more movement in $JAGX but heavy selling started. I finally got out loosing 2 times what I would have gained.

i will always pay when the timing is wrong... 

i should never chase a stock...

i should have said. So what I missed it. Wait for the next one. Now I can't trade $CYTR because trades are done for the week or it will put me against the PDT.

i also should have got out when I saw it linger with a minor 1-3% loss instead of waiting till it beat me down.

 

pain is a great teacher