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Saw this one as a Pre-Market Mover, spiked a tidbit, then the candle started flickering from green to red, which made me a little uncomfortable, so again... i cut my losses...
Tried again after seeing the pattern for a potential Dip Buy, but it went down to my mental Stop Loss, and started going sideways. Again, cut losses quick and moved on.
Bought based on positive news that this company had positive trial results for lymphoma patients, and it was up 35% in the Pre-Market. Prior to that, it was holding steady (obviously 35% down from what it was in the Pre-Market today). Cut losses, time to move on.
This was my first Penny Stock trade, after coming off of watching hours of Tim's lessons and reading the Complete Penny Stock Course. I saw the "ascending triangle" pattern and was waiting for the breakout, which it eventually did. Unfortunately, i had a goal in my head that i wanted the price to reach (and it came close), but obviously not close enough. It dipped further than my comfort level would allow, so I "CUT MY LOSSES QUICKLY."
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.
