Fusion Pharm, Inc. (FSPM)

[TraderGash]

The most important concept is to have a trading plan BEFORE you enter a position, and then follow your plan.
What do you plan to do if the price rises? Will you scale out, exit at a target?
What do you plan to do if the pice drops? At what point will you close out your position?
These MJ stocks are highly volatile, FSPM could close today anywhere between $4 and $20 based on recent price moves in other MJ stocks.
If you don't have a plan, you should close your position before you get seriously hurt.