IBIO Trade on Apr 28, 2020 10:31 from _cup0fjoe: Tradervue User Stock Trades.

Another loss, but small. Knew I was trading again, 3rd time, and on no clear pattern which is why I went with small size. Aside from respecting my risk, the excellent thing I did on all 3 losses today was using small size. Preservation of capital is sooooo important in this trading game. No Capital = No Entry . I decided to re-enter as I saw a bounce of its lows. But I think I am seeing something that isn't there. Even if this spikes I won't reenter because 2 losses on the same stock kinda messes with your mindset. I will have to watch IBIO from the sidelines for the rest of the day.

[HINDSIGHT]4/29: looking at the chart again it makes sense on why I would enter because it seems like a g&c reversal, but for this pattern to really work a low-float is Required and lots of trading volume right off the open. A stock where the float is traded already the 1st 5mins of market open. This causes for any bag holder to take profits and big percentage on a crap of a co. attracts early shorts. The g&c reversal I love so much is basically taking profits from shorts squeezes.