It sounds like you are a little more risk adverse and a little less patient than me. I just recently have gone through a similar situation to your Ionic Energy but with a longer hold and a higher percentage of my investment funds in the trade. Actually I'm still there.
I'm surprised that looking back you feel so negative about the Ionic trade given that you eventually got your 40% profit. Maybe its different because it sounds like the stock fell below your buy price by quite a bit. The stock I'm in now has never fallen below my average buy price by more than a few pennies. That makes holding a lot easier to swallow.
I agree though that the tough part is watching all the other opportunities pass by while your "sure thing" sits there doing nothing. Anyway I probably won't allocate the vast majority of my funds to one trade again, however good the opportunity looks. The temptation is always there though eh?
One more question if you don't mind. Do you have a number in your head where you think it will be possible to go pro? I haven't thought about it too much, maybe because the number seems too far away right now.
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