At least it sounds like you have an actual strategy...IMHO,...

At least it sounds like you have an actual strategy...

IMHO, there is nothing intrinsically flawed at all about the content of that image. It, in fact, contains
a few of the principles Warren Buffet has mentioned countless times.
Happens to be he would unlikely be involved in this side of the market as this company is not
yet revenue-generating and can not be valued on standard financial performance metrics, but
for the biotech investors (who actually understand this stuff) those principles could still be relevant.
For some real investors, stop-losses can be counter-productive if one has taken a long-term view and
invested sensibly.

I am a full-time trader and I always use stop losses. Without them, I would not make a living.
Anyone who has incurred a meaningful loss trading IMU needs to do some serious reflection
on their methodology. It has, thankfully, been a trader's dream.

Sadly, HC is full of gamblers people with little experience in investing or trading, who are often
unsure of whether they are trading or investing, or how they intend to combine both. They
constantly change their mind about it based on 15m chart fluctuations and the input of other
posters whose content they often do not really understand themselves.

When I like fundamentals I am happy to leave a parcel on the table (after gains have been taken on
pure technicals), as long as it does not jeopardize my trading performance. I have some left in IMU
for that reason, but I have also banked some of my biggest gains this year on it. If one does not
know what their strengths are, it's a recipe for disaster.

During a strong rise, many "prodigies" are "discovered" with their charts and predictions, often
receiving countless "likes" for input that is laughable to the trained eye. None of those types will
stand the test of time. Few ever mention where their failure-point or stop-loss is, yet others
attempt to copy their "trades". The worst part is when amateurs get a lucky run and reinforce
their own self-deception...only to pay for it later. I am very grateful I learned the hard way when
I started out... It is not so easy to make consistent money in the market, but when one
stops deceiving themselves, it is not that hard either...

Best of luck