BIOHunter - thank you for that post. I am a novice "BIO" trader and have been following you and Sheff to gain insight into the BIO world of trading.
couple things hit home. PATIENCE and CONVICTION are important parts of trading bios
and I believe more importantly(least to me) is
3)Take Profits, take profits, take profits... you got it? 4) Don't hold through catalyst - or do at your own peril, think of how rare it is that Sheff or I hold through a catalyst. Generally if we do it's a small percentage or where we have seen a good bit of data, such a "cohort 3 data"
I am learning not to hold a position too long. It is hard for this old fart... but I do appreciate ya'lls insight and guidance.
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