Sigyn Therapeutics Inc (SIGY)

[PennyStockTrader2]

funny how emotions can control oneself. When this his around $3.40 and I had sold a few thousand shares I said to myself why did I sell so much of my position (maybe 10%), how am I ever going to buy it all back, it'll probably only have a pullback to lilk $2.80 and take off from there .... NOT. It just retraced all the way to $1.85. Did I see that coming, NO, I am prepared for it, I'll make money on it, but should I have sold more at $3.40, yes in hindsight, but so easy to say so hard to do. Some stocks just leave you in the dust and keep going, very hard to know the right thing to do. Meanwhile its at the lowest prices where you can make the most, that is, it goes from say 1.10 to 2.20 and thats very easy to happen. To go then to 4.40 is a lot harder since the market cap starts really growing. So, good to really think thru this stuff and maybe sell exponentially more as the price goes up, though I tend not to do that, but it can really harm you if as you exponentially sell the price exponentially keeps going up and leaving you in the dust with a lot less profit than you could have had, and every stock has a different behavior.

One takeway is that just about every parabolic moves retraces a significant amount, you just dont know when it will do that. So take profits on a parabolic move.