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First trade in 7 days. I spent that time studying and paper trading. This went much higher and I got out too soon. I need to work on patience when the stock is going my way especially with these small positions. $10 of my profits were eaten in fees. It's okay though because I'm learning what works for me and my trading personality.

Plan was to ride the wave up and sale for .15 to .20 profit on this news about an FDA Clearance. I thought the momentum was good, volume and buyers were in control at open and I bought in on the way up and then that momentum stalled and the trade quickly went against me. Looking back and seeing the high buy volume and small price action followed by fading buy volume was my clue to cut losses quickly but I held on to hope and lost. Remember hope is not a strategy.

As with ISWH, I was also piggy backing off of Tim's notification that he had bought in to GGII. I ended up holding over night because it went against me quick and I wanted to see if I could make up for some of the losses. It worked as I made up $20.00 of the $55.00 i was down. However, I missed the morning spike which if I has been prepared I could have come out with a win. Definitely learned not to piggy back. Definitely learned to be better prepared to take advantage of morning spikes.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.