Wanted to dip buy IBRX at $6.05 but held off. It looks like the new support but it could crash through. Risk reward says no don't take the trade. Last week I would have traded this but after studying the DVDs I know now this is a silly trade to make with $0.25 reward and $0.25 risk .. Becoming a better trader day by day on my road to a milly :)

Biggest takeaway so far this week after some successful dip buys and some really painful dip buys. Don't be tricked into buying the first dip. Their most likely will be a 2nd dip and you can enter at a much better/safer price.

My first 4 weeks of trading penny stocks have been quite an adventure. Learned lots of lessons and they were not cheap. Much different than being a value investor. My goal now is to shrink my average loss to under $150 and get my winning % up to 60%. Follow me on the journey :)

@tylermacwhirter just became a fully transparent trader today!